726 W 2nd Avenue

    Chico, CA 95926
    • $1,039,900
    • STATUS: Active
    • ON SITE: 136 days
    • ID#: SN18161597
    UPDATED: 66 min ago
    $1,039,900
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,910
      SQFT
    • $150
      $/SQFT
    Type:
    Multi-Family
    Built:
    1989
    County:

    School Ratings & Info

    Description

    This 5, multi family unit is consists of a single family home with a 3 bedrooms, 1 bath and a fireplace plus a 4-plex. Each one of the 4-plex units offers 4 bedrooms, 2 baths and all these 4 units are equipped with fire sprinklers. The assessor record shows the year built for the 4-plex to be 1989, however the year built for the front house is unknown. In just last couple of weeks, the units in the 4-plex were updated with beautiful slab granite counter tops, new sinks, new flooring and fresh paint. A new roof was installed on the 4-plex on August of 2018. If you are a retiree, this is your opportunity to live in the front home and rent the others. The current rents are below market, offering an exceptional opportunity for higher income. The property has 6 PG&E meters, 2 water meters and a coin operated community laundry with 2 washers and 2 dryers. It is located a short distance from CSUC, downtown and shopping. This is a great investment property!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T13:28:43.37. 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. Licensed in the State of California, USA.
    www.mainstreetgroup.com/homes/85349686

    726 W 2nd Avenue Chico, CA 95926

    • Price: $1,039,900
    • Status: Active
    • Updated: 66 min ago
    • ID#: SN18161597
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    6,910
    SQFT
    $150
    $/SQFT
    1989
    Built
    County:
    Butte
    Property Description
    This 5, multi family unit is consists of a single family home with a 3 bedrooms, 1 bath and a fireplace plus a 4-plex. Each one of the 4-plex units offers 4 bedrooms, 2 baths and all these 4 units are equipped with fire sprinklers. The assessor record shows the year built for the 4-plex to be 1989, however the year built for the front house is unknown. In just last couple of weeks, the units in the 4-plex were updated with beautiful slab granite counter tops, new sinks, new flooring and fresh paint. A new roof was installed on the 4-plex on August of 2018. If you are a retiree, this is your opportunity to live in the front home and rent the others. The current rents are below market, offering an exceptional opportunity for higher income. The property has 6 PG&E meters, 2 water meters and a coin operated community laundry with 2 washers and 2 dryers. It is located a short distance from CSUC, downtown and shopping. This is a great investment property!
    Exterior Features

    Construction Materials StuccoWood Siding Garage Spaces 0.00 Lot Features Front YardNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    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 2+ Common Walls Cooling Central Cooling YN Yes Fireplace Features Great Room Fireplace YN Yes Heating Central Furnace Heating YN Yes Interior Features Granite Counters Laundry Features CommunityDryer IncludedWasher HookupWasher Included Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 569.85 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 570.00 Gross Income 88980.00 Gross Scheduled Income 88980.00 Insurance Expense 2788.10 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 432.00 Laundry YN Yes Maintenance Expense 3505.00 Net Operating Income 68382.80 New Construction YN No New Taxes Expense 7179.80 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 2 Number With Dishwasher 5 Number With Range 5 Number With Refrigerator 5 Operating Expense 20597.20 Other Expense Description 570.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 1533.80 Total Expenses 20597.22 Trash Expense 0.00 Water Sewer Expense 4380.00 Water Source Public Year Built Source Assessor Zoning City

    Listing provided courtesy of Effie Khaki of Century 21 Select Real Estate, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T13:28:43.37. 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. Licensed in the State of California, USA.
     
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