1146 Muir Avenue Chico, CA 95973

$479,000 Pending

About the Property

Two Homes on one Lot! Wow, potential galore. This property features a large lot, two separate houses, with individual fenced yards. Main house (1146 Muir) is a 3 bedroom 2 bath with backyard and 2 car garage. Rear house (1144 Muir) is a 2 bedroom 1 bath, with 1 car garage. Next to each home is extra space, see aerial photos for boundaries. Plenty of room for a large garden, yard for storing large equipment, or possibly development or ADU (all subject to local laws and ordinances). Back home is rented for $1150/month (month to month lease). Front house is empty and ready for move in, with fresh paint, finishes and more. Property shares a well and septic. Don't miss out on the fantastic opportunity!

Property Information

Size 2,108 SqFt
Price/SqFt $227
Lot Size 0.66 Acres
Year Built 1978
Property Type Residential Income
Zoning C1
Listing Number SN20221592
Listed 10/20/2020
Modified 11/22/2020
Listing Agent Ryan Vaught
Listing Office Ryno Company
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 1
# Water Meters
  • 1
Community Features
  • Rural
Cooling
  • See Remarks
Fireplace
  • See Remarks
Garage Spaces
  • 3.00
Gross Income
  • 2900.00
Gross Scheduled Income
  • 2900.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 2700.00
Operating Expense
  • 200.00
Parking Total
  • 3.00
Pool
  • None
Sewer
  • Conventional Septic
StoriesTotal
  • 1
Total Actual Rent
  • 1150.00
Total Expenses
  • 6750.00
Water Source
  • Private
  • Well