Description
Welcome to your next great investment! this centrally located four-unit property offers incredible income potential and peace of mind, even with a unit vacant. each unit is approximately 900 sq. ft, featuring 2 bedrooms and 1 bathroom, and rents for approximately $1,150 per month. with rental income that can cover your mortgage even if one unit is unoccupied, this property is a smart additional to any portfolio! unit 1 has been recently updated with laminate wood flooring in the kitchen, fresh interior paint, plush carpet, and an updated bathroom featuring a brand-new shower/tub. the other units also feature updates throughout. beyond rental income, this property includes an on-site laundry room with coin-operated machines, providing an additional revenue stream. on-site parking is available for all tenants, offering added convenience. this property is connected to city sewer, features a newer roof, and has a history of long-term tenants. centrally located with easy freeway access, close to schools, shopping and local amenities, this property is a gem that offers both convenience and profitability. whether you're a seasoned investor or looking to begin building your portfolio, this 4-plex offers a rare opportunity in the heart of chico! schedule your showing today and start earning!
Property Type
Residential IncomeCounty
ButteStyle
Residential IncomeAD ID
48411565
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
- Exterior Property Features : Lighting,Rain Gutters
- Interior Features: Balcony,Ceiling Fan(s),Laminate Counters,Storage
- Windows: Blinds,Screens
- Property Appliances: Exhaust Fan,Electric Oven,Electric Range,Free-Standing Range,Range Hood,Self Cleaning Oven,Water Heater,Washer
- Fireplace: None
- Flooring: Carpet,Laminate
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1979
- Building Area Total: 3,484
- Roof: Composition
Exterior Features
- Lighting,Rain Gutters
Foundation
- Slab
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Accessibility Features
- None
Pool Features
- None
Laundry Features
- Common Area,Washer Hookup,Electric Dryer Hookup,Laundry Room,Outside
Fencing
- Chain Link,Partial
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.29
- Lot Size Source: Assessor
- Lot Size Square Feet: 12632
-
Listing Information
Listing Price Information
- Original List Price: 525,000
- Listing Contract Date: 2025-01-17
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 006290009000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Driveway Level,On Site,Off Street,Paved,One Space,Unassigned,Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas,Trash Collection,Water
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood:
- Postal Code Plus 4: 1820
- Directions: From East Ave, Turn onto Connors Ave, Turn Left onto Irene St, Turn Left onto White Ave, Property is on the Left.
- Zoning: C2
- Source Property Type: Residential Income
- Property SubType: Quadruplex
Building and Construction
- Property Age: 46
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 01/31/2025 @ 06:53
- MLS: SN25015903
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 3,484 sqft, 12,632 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Chico , in zip code 95926, this Butte County Home are nearby neighborhoods.