1113 Broadway Street Chico, CA 95928

$339,000 Pending

About the Property

Excellent income generating property in the Barber District where you can live in one and rent the other 2! This property offers 2-1BD, 1BA units & a garage that has been converted to a studio**. 1113 Broadway Street has been nicely updated in the past few years w/new interior paint, refurbished flooring & new fixtures. The Broadway Street house shares an electric meter w/the garage/studio so you can rent them out together at approx. $1,500/month. 147 11th Street is a quaint home w/lots of character & charm. Both the Broadway unit & 11th Street unit have their own electric meter, gas meter, washer/dryer & private space. Currently Broadway is rented for $1,100 and 11th Street is rented for $1,100 and both leases are up June 30, 2020. Owners are using the garage/studio for their own storage. **Garage conversion was done without permits, Buyer(s) to verify all information to their satisfaction** Purchase of 1113 Broadway Street also includes the address 147 11th Street

Property Information

Size 1,364 SqFt
Price/SqFt $249
Lot Size 0.12 Acres
Year Built 1920
Property Type Residential Income
Zoning R3
Listing Number SN20059209
Listed 3/18/2020
Modified 6/8/2020
Listing Agent Sheri Palade
Listing Office Keller Williams Realty Chico Area
Total Building 3
Total Units 3

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 1
Appliances
  • Gas Range
Cooling
  • Wall/Window Unit(s)
Flooring
  • Bamboo
Garage Spaces
  • 0.00
Gross Income
  • 30000.00
Gross Scheduled Income
  • 30000.00
Levels
  • One
Net Operating Income
  • 23000.00
Operating Expense
  • 7000.00
Parking Total
  • 2.00
Pool
  • None
Sewer
  • Public Sewer
StoriesTotal
  • 1
Total Actual Rent
  • 2200.00
Total Expenses
  • 7000.00
Views
  • Neighborhood
Water Source
  • Public
Heating
  • Wall Furnace
  • Natural Gas
Interior
  • Ceiling Fan(s)
  • Tile Counters
Community Features
  • Biking
  • Curbs
  • Dog Park
  • Fishing
  • Golf
  • Hiking
  • Gutters
  • Lake
  • Park
  • Watersports
  • Sidewalks
  • Street Lights