128 W 21st Street Chico, CA 95928

$575,000 Active

About the Property

Superb studio six-plex! 6 well appointed studio units, individually metered, with wall heating/air. Building has recently undergone a multitude of renovations including updates to 4 of the 6 units, fresh paint & façade, and a new roof. Parking lot was recently resealed and offers ample off street parking. Located in quiet neighborhood, close to downtown, and the up-and-coming Barber & Brewery Districts. Easy walking & biking distance to pub, restaurants and bike trails. Their solid rental history would be an asset to any investment portfolio.

Property Information

Size 2,256 SqFt
Price/SqFt $255
Lot Size 0.14 Acres
Year Built 1980
Property Type Residential Income
Zoning C2
Listing Number SN20041946
Listed 2/26/2020
Modified 4/3/2020
Listing Agent Matt Depa
Listing Office Re/Max of Chico
Total Building 1
Total Units 6

Property Features

# Electric Meters
  • 6
# Gas Meters
  • 6
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Wall/Window Unit(s)
Garage Spaces
  • 0.00
Gross Income
  • 3830.00
Gross Scheduled Income
  • 45960.00
Heating
  • Wall Furnace
Net Operating Income
  • 31009.00
Operating Expense
  • 14951.00
Pool
  • None
Sewer
  • Public Sewer
Total Expenses
  • 14951.00
Water Source
  • Public