131 W 3rd Avenue Chico, CA 95926

$795,000 Active
  • 133 W.3rd street 2bedroom 2 full bathrooms 133 W.3rd street 2bedroom 2 full bathrooms
  • 133 W.3rd street 2bedroom 2 full bathrooms
  • Entrance to 133 W. 3rd.
  • Front view of 133. 3rd.
  • Kitchen- looking from dining area.
  • Kitchen
  • LivingRoom
  • LivingRoom
  • Up-stairs Patio area
  • Covered Patio
  • Downstairs Bedroom
  • Downstairs Bathroom
  • Laundry area
  • Upstairs Bedroom
  • Upstairs Bathroom
  • 131 W. 3rd. 4 Unit investment property
  • 131 W 3rd. 4 units
  • Kitchen - basement Unit 1 bedroom 1 bath
  • Living room of the Basement Unit.
  • Looking from Livingroom to the Kitchen
  • Unit #2
  • Unit #2
  • Unit #2
  • Unit #2
  • Walkway to unit 2-B
  • Neighborhood
  • Neighborhood
  • Neighborhood
  • Neighborhood
  • Across the street

About the Property

Don’t miss this perfect investment opportunity to own multiple rental units in the desirable Chico rental market. Located in the Avenues and walking distance to Chico State, downtown and Enloe, these two buildings on one lot have it all. Start with a detached 2 bedroom 2 bathroom home with an attached two car garage, balcony and private yard, constructed in 1999. Right next door you have another building consisting of three 1 bedroom 1 bathroom and one 2 bedroom 1 bathroom apartments, each with their own private entrance, and two with their own single car garage. "Owner May Carry" The financing!

Property Information

Size 4,399 SqFt
Price/SqFt $181
Lot Size 0.14 Acres
Year Built 1963
Property Type Residential Income
Zoning R3
Listing Number SN22245408
Listed 11/22/2022
Modified 3/7/2023
Listing Agent Glenn Fry
Listing Office Glenn Fry Real Estate
Total Building 2
Total Units 4

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Water Meters
  • 2
Cooling
  • Wall/Window Unit(s)
Fencing
  • Average Condition
Fireplace
  • Living Room
Garage Spaces
  • 4.00
Gross Income
  • 54900.00
Gross Scheduled Income
  • 54900.00
Heating
  • Wall Furnace
Levels
  • Two
Net Operating Income
  • 52788.00
Operating Expense
  • 2112.00
Parking Total
  • 7.00
Pool
  • None
Price Pe rUnit
  • 198750
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 2
Style
  • Traditional
Total Expenses
  • 10765.00
Uncovered Spaces
  • 3.00
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Sidewalks
  • Street Lights
Construction Materials
  • Drywall Walls
  • Stucco
Flooring
  • Carpet
  • Laminate
Tenant Pays
  • Electricity
  • Gas
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected