1092 Humboldt Avenue Chico, CA 95928

$410,000 Closed

About the Property

Please Note: This property has been SOLD

This 8 unit investment property is 100% occupied and has a tremendous rental history. It offers cash flow from day one and an opportunity to achieve an ROI that is difficult to find in any other property or investment vehicle available. Located close to downtown Chico, the property consists of a mixture of small bungalows and apartment units. The mature landscaping provides shade and privacy for the occupants and the tenants have nice lawn areas and even a community garden... Come take a look at this awesome property!

Property Information

Size 4,156 SqFt
Price/SqFt $99
Lot Size 0.419 Acres
Year Built 1940
Property Type Residential Income
Zoning AR
Listing Number CH16187131
Listed 8/24/2016
Modified 3/30/2017
Listing Agent Daniel Bosch
Listing Office RE/MAX Of Chico
Total Building 4
Total Units 8

Property Features

# Electric Meters
  • 8
# Gas Meters
  • 8
Community Features
  • Street Lighting
Garage Spaces
  • 0.00
Gross Income
  • 4515.00
Gross Scheduled Income
  • 54180.00
Levels
  • One
Net Operating Income
  • 31783.00
Operating Expense
  • 21313.00
Pool
  • None
Total Expenses
  • 21313.00
Utilities
  • Sewer Connected
Water Source
  • Public