Great investment opportunity with 4 units! Two single family homes and one duplex near Chico State. Located on a large corner lot between Hazel and W 12th Street sits a 3 bedroom 1 bath home with a detached garage. Behind that unit is a single 1 bedroom, 1 bathroom unit and then another free standing single story duplex with two 1 bedroom 1 bathroom units. All units are fully rented with leases extending until Summer of 2018. Back 3 units have about 10 uncovered off street unassigned parking spaces and large fenced grassy area out front. There is a covered open breezeway over the duplex, with storage rooms on the opposite side of the units, and a communal back yard area. All units have indoor laundry. The three bedroom unit does need some love, however back three units are recently updated and VERY clean. All units include gas stoves/ovens, washer and dryers and refrigerators. A few of the units have new flooring, paint, granite countertops, new cabinets, hardwood floors and updated bathrooms. Other addresses included in the sale are 524 W. 12th Street (rented for 825.00), 526 W. 12th Street (rented for 895.00), and 536 W. 12th Street (rented for 710.00). 1145 Hazel is rented at 1160.00 Great location near downtown - these units never have an issue renting. Great opportunity to live in one unit and have the other three units pay your mortgage! Rare find in this area, and a great Cap Rate!
|Lot Size||0.25 Acres|
|Property Type||Residential Income|
|Listing Agent||Alisha Simpkins|
|Listing Office||Keller Williams Realty Chico|
Listed by Alisha Simpkins of Keller Williams Realty Chico. Listing data last updated 10/20/2017 at 10:58 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/11/2017 7:13 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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