1260 N Cedar Street Chico, CA 95926

$495,000 Active

About the Property

Chico investment opportunity, a block away from the University, with great rental history. Set back off the street with it's own private parking lot, this duplex comes with low maintenance with great accessibility to campus. Each unit has laundry located in back of unit, separate gas/electric meters, with steady incomes and zero vacancies.

Property Information

Size 3,150 SqFt
Price/SqFt $157
Lot Size 0.19 Acres
Year Built 1991
Property Type Residential Income
Zoning R3
Listing Number SN19074491
Listed 4/3/2019
Modified 7/31/2019
Listing Agent Casey Smyth
Listing Office NextHome North Valley Realty
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 2
Garage Spaces
  • 0.00
Gross Income
  • 41400.00
Gross Scheduled Income
  • 43200.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 41400.00
Operating Expense
  • 1800.00
Parking Total
  • 8.00
Pool
  • None
Sewer
  • Conventional Septic
StoriesTotal
  • 2
Total Actual Rent
  • 3200.00
Total Expenses
  • 1800.00
Uncovered Spaces
  • 8.00
Water Source
  • Public
Community Features
  • Street Lights
  • Suburban
Tenant Pays
  • All Utilities
  • Electricity
  • Gas
  • Trash Collection
  • Water