1145 W 2nd Street Chico, CA 95928

$720,000 Closed

About the Property

Please Note: This property has been SOLD

12 units 8 1bed 1 bath and 4 2 bed 1 bath close to CSUC. Units are in average condition. All units are individually metered for gas and electric, tenants pay hot water, units have wall heaters and wall A/C. Rents appear to be below market and with minor upgrades rents could be raised.

Property Information

Year Built 1974
Property Type Residential Income
Listing Number CH12056113
Listed 1/10/2012
Modified 5/3/2012
Listing Agent Steven Depa
Listing Office RE/MAX Of Chico
Total Building 1
Total Units 12

Property Features

# Electric Meters
  • 12
# Gas Meters
  • 12
# Water Meters
  • 1
Cooling
  • Wall/Window Unit(s)
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 4190.00
Gross Scheduled Income
  • 76920.00
Heating
  • Wall Furnace
Interior
  • Formica Counters
Net Operating Income
  • 62245.00
Operating Expense
  • 14675.00
Parking Total
  • 20.00
Pool
  • None
Roofing
  • Composition
Spa
  • None
Style
  • Contemporary
Appliances
  • Electric Water Heater
  • Refrigerator
Construction Materials
  • Frame
  • Stucco
Flooring
  • Carpet
  • Vinyl