Turn-key GROWTH opportunity in Chico with a hard to find duplex! Current rents are significantly below market rates. This is the upside potential investment that you have been looking for. With this tight rental market, finding renters will not be a challenge. The main house is 3 bedrooms/ 2 bath with a large living room, large kitchen, washer/dryer (included), and private fenced backyard. Approximately 1090 square feet. Both bathrooms have been nicely updated along with a clean kitchen. The low maintenance modern (2003) back unit is 2 bedrooms /1 bath with all the normal amenities including a washer/dryer and sits above a 3 car garage. Approximately 814 square feet The 3 car garage is divided into a 2 stall portion used by the main house and the 1 car stall that is used by the 2/1 apartment. Low maintenance front yard. Backyards are hardscaped and fenced individually for each tenant. Great rental history with a fantastic potential upside for increasing rents over time. This is an investment that pencils. In this market every move matters There are two 3D tours for you to view. https://my.matterport.com/show/?m=DdkrBdTFBLh&brand=0 and https://my.matterport.com/show/?m=dNZKh2v4jkM&brand=0
Size | 1,904 SqFt |
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Price/SqFt | $211 |
Lot Size | 0.14 Acres |
Year Built | 1926 |
Property Type | Residential Income |
Zoning | RD-1 |
Listing Number | SN20220508 |
Listed | 10/19/2020 |
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Modified | 12/5/2020 |
Listing Agent | Matthew Herman |
Listing Office | Keller Williams Realty Chico Area |
Total Building | 2 |
Total Units | 2 |
Listed by Matthew Herman of Keller Williams Realty Chico Area. Listing data last updated 4/25/2024 at 3:41 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 12/5/2020 9:58 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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