1005 W 6th Street Chico, CA 95928

$2,100,000 Active

About the Property

Great opportunity and long term upside with these new, upscale 3 bedroom, 3 bath units in a great location. Granite counters, on demand hot water heaters, new stainless appliances including stack washer/dryer in each unit. 2-car garage for each unit and, with easy/quick access to public transportation, shopping and CSU, Chico. All units currently leased and already leasing/filling up for the 2019-2020 school year at higher rents. Information obtained through sources deemed reliable but, cannot be guaranteed as to accuracy nor has it been verified by agent. Buyers advised to investigate all information/aspects of the property to their satisfaction. Information of special interest should be obtained through independent verification. SqFt from building plans.

Property Information

Size 6,905 SqFt
Price/SqFt $304
Lot Size 0.2 Acres
Year Built 2018
Property Type Residential Income
Listing Number SN19030210
Listed 1/31/2019
Modified 6/24/2019
Listing Agent Barbara Weibel
Listing Office Coldwell Banker/DuFour
Total Building 1
Total Units 5

Property Features

# Electric Meters
  • 6
# Gas Meters
  • 5
# Water Meters
  • 1
Cooling
  • Central Air
Electric
  • Standard
Fireplace
  • None
Garage Spaces
  • 10.00
Gross Income
  • 122100.00
Gross Scheduled Income
  • 122100.00
Levels
  • Three Or More
Net Operating Income
  • 92120.00
Operating Expense
  • 29980.00
Parking Total
  • 10.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 3
Style
  • Contemporary
Total Expenses
  • 29980.00
Views
  • Neighborhood
Water Source
  • Public
Exterior
  • Lighting
  • Rain Gutters
Fencing
  • Excellent Condition
  • Wood
Flooring
  • Carpet
  • Laminate
Heating
  • Central
  • Forced Air
Interior
  • Ceiling Fan(s)
  • Granite Counters
  • Recessed Lighting
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
Community Features
  • Curbs
  • Gutters
  • Sidewalks
  • Street Lights
Utilities
  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Appliances
  • Dishwasher
  • Electric Range
  • Disposal
  • High Efficiency Water Heater
  • Microwave
  • Refrigerator
  • Tankless Water Heater