1 Ralland Circle Chico, CA 95926

$449,000 Pending
  • Unit D
  • Unit D
  • Unit D
  • Unit D
  • Unit D
  • Unit D
  • Unit D
  • Unit D
  • Unit D
  • Unit D
  • Unit D
  • Unit C
  • Unit C
  • Unit C
  • Unit C
  • Unit C
  • Unit C
  • Unit C
  • Unit C
  • Unit C
  • Unit C
  • Unit C
  • Unit B
  • Unit B
  • Unit B
  • Unit B
  • Unit A
  • Unit A
  • Unit A
  • Unit A
  • Unit A
  • Unit A
  • Unit A
  • Unit A
  • Side entry to parking
  • Parking area
  • Back/side parking area

About the Property

Looking for positive cash flow? This fourplex could be the answer to your investment needs! Great location; around the corner from Bidwell Jr High, and minutes from the movie theater, Trader Joes’s, shops and restaurants. Currently fully rented with responsible tenants with consistent on time payment history. Interior of ALL 4 units have been updated within the last year with new wood laminate flooring, new carpet and new interior paint throughout. Each unit is a 2 bedroom,1 bathroom, with a full kitchen offering laminate countertops, electric appliances, dining nook and private a covered porch/balcony through a sliding glass door. Dining area is bordered by a corner of large windows, brightening up the space. Each unit comes with uncovered, off street tandem parking. Low maintenance property with current annual gross income of $37,800. Seem like a sound investment to you? Take a preview of the units with the 3D virtual tour today-and get ready to add this one to your portfolio!

Property Information

Size 3,451 SqFt
Price/SqFt $130
Lot Size 0.23 Acres
Year Built 1968
Property Type Residential Income
Zoning R3
Listing Number SN19067421
Listed 3/29/2019
Modified 4/3/2019
Listing Agent Alisha Simpkins
Listing Office Keller Williams Realty Chico Area
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 5
# Gas Meters
  • 5
# Water Meters
  • 5
Cooling
  • Central Air
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 29424.00
Gross Scheduled Income
  • 37800.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 29424.00
Operating Expense
  • 8376.00
Parking Total
  • 8.00
Pool
  • None
Sewer
  • Conventional Septic
Spa
  • None
StoriesTotal
  • 2
Total Expenses
  • 8376.00
Uncovered Spaces
  • 8.00
Water Source
  • Public
Community Features
  • Sidewalks
  • Street Lights
Flooring
  • Carpet
  • Laminate
  • Vinyl
Interior
  • Balcony
  • Ceiling Fan(s)
  • Laminate Counters