1101 Columbus Ave Chico, CA 95926

$470,000 Pending
  • Unit 2 - 2bd | 1ba Unit 2 - 2bd | 1ba
  • Unit 2 - 2bd | 1ba
  • Unit 1 | 2-Story 3ba 2ba
  • Unit 1 | 2-Story 3ba 2ba
  • Unit 1 | 2-Story 3ba 2ba
  • Unit 1 | 2-Story 3ba 2ba
  • Unit 1 | 2-Story 3ba 2ba
  • Unit 1 | 2-Story 3ba 2ba
  • Unit 1 | 2-Story 3ba 2ba
  • Unit 1 | 2-Story 3ba 2ba
  • Unit 2 - 2bd | 1ba
  • Unit 2 Front
  • Unit 2 side
  • Unit 2 - 2bd | 1ba
  • Unit 2 - 2bd | 1ba
  • Unit 2 - 2bd | 1ba
  • Unit 2 - 2bd | 1ba
  • Unit 2 - 2bd | 1ba
  • Unit 2 - 2bd | 1ba
  • Unit 2 - 2bd | 1ba

About the Property

Don’t miss the chance to add this Duplex to your portfolio. The original single-story 2-bedroom + bonus room, 1 bathroom home was extended in 2003 to add a second unit with 3 bedrooms & 2 bathrooms. Both units are recently updated and in rent-ready condition. Ample parking, in-unit laundry and close proximity to shopping and dining. Separately metered gas and electricity and low-maintenance landscaping keep expenses low. There is the option to live in the 3bd 2ba and rent the other unit to offset your living expenses. This property is the turnkey investment opportunity you have been waiting for.

Property Information

Size 2,000 SqFt
Price/SqFt $235
Lot Size 0.14 Acres
Year Built 1946
Property Type Residential Income
Listing Number SN23162154
Listed 8/28/2023
Modified 4/12/2024
Listing Agent Nick Allison
Listing Office eXp Realty of California, Inc.
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 1
Cooling
  • Central Air
Electric
  • 220 Volts in Laundry
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 36000.00
Gross Scheduled Income
  • 36000.00
Net Operating Income
  • 20710.00
Operating Expense
  • 15290.00
Parking Total
  • 5.00
Pool
  • None
Price Pe rUnit
  • 235000
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Total Actual Rent
  • 3000.00
Total Expenses
  • 15290.00
Uncovered Spaces
  • 5.00
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Biking
  • Suburban
Heating
  • Central
  • Fireplace(s)
Levels
  • One
  • Two