1309 Jackson Street Chico, CA 95928

$359,000 Active

About the Property

Check out this occupied and easily managed investment property in Chico. Property is a total of 4 units, (2) studios, and (2) 1 bedrooms. Rents are between $565/mo and $710/mo, making this some of the most affordable units in Chico. Investigate the option of building additional units to increase your ROI. At under 100K/unit this is already the best price per unit in town for highly demanded 1 bedroom and studio units.

Property Information

Size 1,476 SqFt
Price/SqFt $243
Lot Size 0.22 Acres
Year Built 1930
Property Type Residential Income
Zoning AR
Listing Number SN19221947
Listed 9/17/2019
Modified 1/15/2020
Listing Agent Ryan Vaught
Listing Office Ryno Company
Total Building 2
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
# Units Leased
  • 4
# Water Meters
  • 1
Cap Rate
  • 4.45
Community Features
  • Urban
Garage Spaces
  • 0.00
Gross Income
  • 2350.00
Gross Scheduled Income
  • 29682.00
Levels
  • One
Net Operating Income
  • 16417.00
Operating Expense
  • 12048.00
Pool
  • None
Sewer
  • Conventional Septic
StoriesTotal
  • 1
Total Actual Rent
  • 2350.00
Total Expenses
  • 12048.00
Water Source
  • Public