1020 W 4th Chico, CA 95928

$875,000 Active
  • New roof in progress New roof in progress
  • New roof in progress
  • New roof in progress

About the Property

This is a great opportunity to have income property with 2 homes on 1 lot. New roofs, clean and well maintained. Solid rental history. This location is close to CSUC and services. Fenced back yards, some off-street parking on driveway. Low maintenance yard. But best of all, seller would like to finance with 20%-25% down with a 30-year amortization at 5.5% all due in 8 to 10 years. Buyer to provide qualifying information.

Property Information

Size 3,482 SqFt
Price/SqFt $251
Lot Size 0.2 Acres
Year Built 1992
Property Type Residential Income
Listing Number SN26094683
Listed 4/27/2026
Modified 5/2/2026
Listing Agent John Wallace
Listing Office Century 21 Select Real Estate, Inc.
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 2
Accessibility Features
  • None
Cooling
  • Central Air
Exterior
  • Rain Gutters
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 63300.00
Gross Operating Income
  • 63300.00
Gross Scheduled Income
  • 63300.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 42880.00
Operating Expense
  • 20420.00
Pool
  • None
Price Pe rUnit
  • 437500
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 1
Style
  • Contemporary
Total Expenses
  • 20420.00
Views
  • Neighborhood
Water Source
  • Public
Appliances
  • Water Heater
  • Electric Range
Construction Materials
  • Wood Siding
  • Frame
Fencing
  • Wood
  • Average Condition
Flooring
  • Carpet
  • Laminate
Interior
  • Cathedral Ceiling(s)
  • Formica Counters
Tenant Pays
  • Gas
  • Trash Collection
  • Cable TV
  • Electricity
Utilities
  • Natural Gas Connected
  • Sewer Connected
  • Electricity Connected
  • Water Connected
Community Features
  • Gutters
  • Curbs
  • Biking
  • Hiking
  • Fishing
  • Street Lights
  • Urban
  • Storm Drains
  • Sidewalks