1122 Stewart Avenue Chico, CA 95926

$388,000 Closed

About the Property

Please Note: This property has been SOLD

Clean triplex unit within walking distance of Chico State University. Outside recently painted, large lot offers extra off-street parking & possible room for additional units in back! Front duplex Roof was just replaced in June 2018! Gross Annual rents are approximately $40,000 per year. Property was connected to City Sewer 2017.

Property Information

Size 2,480 SqFt
Price/SqFt $156
Lot Size 0.3 Acres
Year Built 1970
Property Type Residential Income
Zoning R1
Listing Number SN18136042
Listed 6/15/2018
Modified 8/28/2018
Listing Agent Robert Contreras
Listing Office Re/Max of Chico
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Water Meters
  • 1
Cap Rate
  • 5.00
Cooling
  • Evaporative
Fencing
  • Wood
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 40140.00
Gross Scheduled Income
  • 40140.00
Heating
  • Wall Heater
Levels
  • One
Net Operating Income
  • 19906.00
Operating Expense
  • 20234.00
Pool
  • None
Roofing
  • Composition
StoriesTotal
  • 1
Total Expenses
  • 20234.00
Utilities
  • Sewer Connected
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Street Lighting
  • Urban
Flooring
  • Carpet
  • Vinyl
Tenant Pays
  • Cable TV
  • Electricity
  • Gas