1027 Normal Avenue Chico, CA 95928

$529,000 Pending

About the Property

This classic student property consists of 2 units located near CSU Chico and downtown Chico, CA. Units features indoor laundry, off street parking and waterproof flooring. Each unit has a private entrance and some bathrooms are updated. This location is just blocks from downtown Chico and CSU Chico! One unit is leased through 2021.

Property Information

Size 2,500 SqFt
Price/SqFt $212
Lot Size 0.13 Acres
Year Built 1910
Property Type Residential Income
Zoning R3
Listing Number SN20093200
Listed 5/15/2020
Modified 5/26/2020
Listing Agent Ryan Vaught
Listing Office Ryno Company
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 1
Cap Rate
  • 5.38
Community Features
  • Urban
Garage Spaces
  • 0.00
Gross Income
  • 3955.00
Gross Scheduled Income
  • 47460.00
Levels
  • Two
Net Operating Income
  • 28449.00
Operating Expense
  • 17587.00
Pool
  • None
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Actual Rent
  • 3955.00
Total Expenses
  • 17587.00
Water Source
  • Public