2909 Godman Avenue Chico, CA 95973

$310,500 Closed

About the Property

Please Note: This property has been SOLD

Wonderfully maintained newer duplex in north Chico. Both units are leased to a local non-profit organization, and has been since 2009 creating a 0% vacancy factor over the last 5 years. NPO has carpets cleaned every 6 months, has handyman available, and pays for all utilities except landscaping. This property is great for the investor looking for a stable income producing property, or an owner occupied that wants one unit to help reduce their mortgage.

Property Information

Size 2,425 SqFt
Price/SqFt $128
Lot Size 0.15 Acres
Year Built 2006
Property Type Residential Income
Listing Number CH14248028
Listed 11/24/2014
Modified 1/2/2015
Listing Agent Adam Pearce
Listing Office Sheraton Investment Services
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 1
Garage Spaces
  • 2.00
Gross Income
  • 2230.00
Gross Scheduled Income
  • 26760.00
Net Operating Income
  • 15083.00
Operating Expense
  • 11677.00
Parking Total
  • 4.00
Pool
  • None
Total Actual Rent
  • 2230.00
Water Source
  • Public
Community Features
  • Curbs
  • Gutters
  • Sidewalks