1114 Nord Avenue Chico, CA 95926

$195,000 Active

About the Property

Upstairs unit in a gated community near CUSC. The tenants' lease is up July 31,2021, but they would love to stay. Tenants are current on rent and the unit shows beautifully! This unit is three bedrooms and two full baths. The kitchen features granite counters and stainless steel appliances. There is bamboo flooring throughout the kitchen and dining space, carpet in the living room and bedrooms. There is laundry in the unit and a little extra storage space off of the balcony. Looking for a low maintenance investment? The HOA fees are only $275 per month, which includes water, sewer, garbage, hazard insurance for exterior, pool maintenance, property taxes on common areas, maintenance of roof and exterior of the building. Current rent is $1443 per month. . .great cash flow opportunity!

Property Information

Size 960 SqFt
Price/SqFt $203
Lot Size 0.02 Acres
Year Built 1990
Property Type Residential Income
Zoning R-3
Listing Number SN21064269
Listed 4/1/2021
Modified 4/1/2021
Listing Agent Shane Collins
Listing Office Re/Max of Chico
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Units Leased
  • 1
Cooling
  • Central Air
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 17316.00
Gross Operating Income
  • 17316.00
Gross Scheduled Income
  • 17316.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 14016.00
Operating Expense
  • 3300.00
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Tenant Pays
  • Electricity
Total Actual Rent
  • 144.00
Total Expenses
  • 5777.00
Views
  • Neighborhood
Water Source
  • Private
Community Features
  • Sidewalks
  • Street Lights
Flooring
  • Bamboo
  • Carpet
Pool
  • Association
  • Community
  • Gunite
Interior
  • Balcony
  • Granite Counters
  • Living Room Balcony
  • Open Floorplan
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Appliances
  • Dishwasher
  • Electric Range
  • Electric Cooktop
  • Microwave
  • Refrigerator