1021 Chestnut Street Chico, CA 95928

$300,000 Closed

About the Property

Please Note: This property has been SOLD

Situated only blocks away from Chico State University and the lively downtown district, the neighborhood of 10th and Chestnut is highly sought after by many. Featuring three character filled units, two: 1 bedroom, 1 bathroom apartments and one: updated studio apartment, all complete with basic kitchen appliances and updated bathrooms. Upon entering the triplex from the covered front porch, units 1 and 2 share a common foyer with access to the large unfinished basement, however, with the right tools it could be transformed into the perfect shared laundry or storage space. Each unit boasts large windows allowing for optimal lighting to shine against the freshly painted walls, original crown moldings and the new carpeting. With a private, external entrance, unit 3 is excellent for those seeking privacy or the ability to be onsite landlords. Unit 3 also features a spacious open floor plan with a large bedroom and on-suite, leading to the shared backyard space. Don't hesitate, schedule your personal tour today to see why this triplex is rarely vacant! Pictures of unit one DO NOT reflect new flooring that has been put in. **The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Buyers are advised to investigate to their satisfaction. Any information of special interest should be obtained through independent verification.

Property Information

Size 1,661 SqFt
Price/SqFt $181
Lot Size 0.13 Acres
Year Built 1910
Property Type Residential Income
Zoning R3
Listing Number SN18275978
Listed 11/17/2018
Modified 11/2/2020
Listing Agent Casey Smyth
Listing Office NextHome North Valley Realty
Total Building 1
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
Community Features
  • Suburban
Cooling
  • Wall/Window Unit(s)
Garage Spaces
  • 0.00
Gross Income
  • 24240.00
Gross Scheduled Income
  • 24240.00
Heating
  • Wall Furnace
Levels
  • One
Net Operating Income
  • 24240.00
Pool
  • None
Sewer
  • Public Sewer
StoriesTotal
  • 1
Water Source
  • Public