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$2,000,000
2925 Godman Avenue
Chico, CA 95973
Bedrooms2
Bathrooms1 full
Size18359 Sq Ft ($108.94/ Sq Ft)
Lot Size4.3 Acres
Year Built1964
Listing TypeResidential Income
Property Type5+ Units
ZoningR2
MLS Listing ID200809901
Published Date10/10/2008 6:30:00 AM 693 days ago
Listing Updated6/18/2010 8:56:00 AM 77 days ago
This is 4.3 acres of development ground, not just 24 units. Build approximatley 26 new units while you collect rent on the existing units. Seller may also carry financing. 26 new units will bring in $1300 each with today's rents. This new Rental Income would total an additional $33,800 / month or $405,600 / year. Have developement approval from the City, call agent for actual unit count & phasing.
Esplanade or Cohasset to Lassen Ave., then to Godman Ave.


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