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    616 W 2nd Avenue

    Chico, CA 95926
    • $509,500
    • STATUS: Active Under Contract
    • ON SITE: 41 days
    • ID#: SN20252400
    Under Contract
    $509,500
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,184
      SQFT
    • $233
      $/SQFT
    Type:
    Multi-Family
    Built:
    2002
    County:

    School Ratings & Info

    Description

    Conveniently located to Chico State University and Downtown Chico! 616 West 2nd Ave is ready for a new Owner! This property is a perfect place for extended family with its 2 separate entries. It makes for a perfect place to have your kids or in-laws close but still be far enough to enjoy your own space. Also, a great income producing property for your client to add to their portfolio. A total of 6 bedrooms and 4 bathrooms! The main home is 5 bedroom 3 bath, 4 bedrooms and 2 baths located upstairs with a convenient hall computer area. Downstairs you will find the 5th bedroom and bath plus a laundry room with a large utility sink. The large kitchen opens to the family room with high ceilings, electric stove and dishwasher and the window over the kitchen sink overlooks a private fenced yard. The dining room has a sliding glass door with easy access for backyard enjoyment. There is an attached large studio with its own kitchen and bathroom with heat and air. This property has been a fully rented income producing property for its owner. All rooms and the studio are occupied and are rented until June 2021 for a total amount of $3400 per month. Tenants pay all utilities including trash. The owner only pays taxes and insurance on the building. All appliances will stay at the time of sale. The house and carpets have been professionally cleaned and the yard and trees professionally maintained.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-17T00:27:51.267. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.

    www.mainstreetgroup.com/homes/112428634
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    616 W 2nd Avenue Chico, CA 95926

    • Price: $509,500
    • Status: Active Under Contract
    • ID#: SN20252400
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,184
    SQFT
    $233
    $/SQFT
    2002
    Built
    County:
    Butte
    Property Description
    Conveniently located to Chico State University and Downtown Chico! 616 West 2nd Ave is ready for a new Owner! This property is a perfect place for extended family with its 2 separate entries. It makes for a perfect place to have your kids or in-laws close but still be far enough to enjoy your own space. Also, a great income producing property for your client to add to their portfolio. A total of 6 bedrooms and 4 bathrooms! The main home is 5 bedroom 3 bath, 4 bedrooms and 2 baths located upstairs with a convenient hall computer area. Downstairs you will find the 5th bedroom and bath plus a laundry room with a large utility sink. The large kitchen opens to the family room with high ceilings, electric stove and dishwasher and the window over the kitchen sink overlooks a private fenced yard. The dining room has a sliding glass door with easy access for backyard enjoyment. There is an attached large studio with its own kitchen and bathroom with heat and air. This property has been a fully rented income producing property for its owner. All rooms and the studio are occupied and are rented until June 2021 for a total amount of $3400 per month. Tenants pay all utilities including trash. The owner only pays taxes and insurance on the building. All appliances will stay at the time of sale. The house and carpets have been professionally cleaned and the yard and trees professionally maintained.
    Exterior Features

    Architectural Style Contemporary Carport Spaces 0.00 Construction Materials Wood Siding Fence YN Yes Fencing Wood Foundation Details Slab Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features None Parking Total 6.00 Parking YN No Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Roof Shingle Spa Features None Spa YN No Uncovered Spaces 6.00 View None View YN No

    Interior Features

    Appliances Electric OvenElectric RangeDisposalRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central AirWall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating CentralElectric Heating YN Yes Interior Features Ceiling Fan(S)High CeilingsOpen FloorplanTwo Story Ceilings Laundry Features Inside Levels Two Room Type All Bedrooms UpEntryKitchenLaundryMain Floor Master Bedroom Window Features BlindsScreens

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsGuttersSuburban Country Us Current Financing Conventional Electric 220 Volts in Laundry Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Garage Income 0.00 Garage Rental Rate 0.00 Gross Equity 40800 Gross Income 40800.00 Gross Scheduled Income 40800.00 Insurance Expense 1050.00 Land Lease YN No Laundry Income 0.00 Laundry YN Yes Net Operating Income 33708.00 New Construction YN No New Taxes Expense 6042.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 6 Number Wall AC 1 Number With Dishwasher 1 Number With Disposal 1 Number With Range 1 Number With Refrigerator 2 Operating Expense 0.00 Property Condition Turnkey Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesCable TvElectricityGas Total Actual Rent 3400.00 Total Expenses 7092.00 Trash Expense 0.00 Utilities Cable ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Sima Saboury of Porchlight Real Estate Brokers


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-17T00:27:51.267. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.

     
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    Rancho Cucamonga CA, 91730