1340 W 4th Street Chico, CA 95928

$827,000 Closed

About the Property

Please Note: This property has been SOLD

These well maintained 4 bedrooms, 2 baths units are in walking distance to the university and downtown. With zero percent vacancy factor and long term tenants this is a great investment opportunity. All 4 units offer central heat and air, granite counters in the kitchen, dishwashers, refrigerators and microwave ovens. Each unit has its own indoor laundry with washer and dryer, water heater. Also each unit has its own water meter and PG&E meter. With a substantial down, owner may carry a first trust deed.

Property Information

Size 5,809 SqFt
Price/SqFt $142
Lot Size 0.28 Acres
Year Built 1991
Property Type Residential Income
Zoning R3
Listing Number CH17212477
Listed 9/14/2017
Modified 1/5/2018
Listing Agent Effie Khaki
Listing Office Century 21 Jeffries Lydon
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 5
# Gas Meters
  • 5
# Units Leased
  • 4
# Water Meters
  • 5
Construction Materials
  • Stucco
Fencing
  • Chain Link
Fireplace
  • None
Flooring
  • Carpet
Garage Spaces
  • 0.00
Gross Income
  • 78720.00
Gross Scheduled Income
  • 78720.00
Heating
  • Central Furnace
Levels
  • Two
Net Operating Income
  • 56428.00
Operating Expense
  • 22292.00
Pool
  • None
Roofing
  • Composition
Spa
  • None
StoriesTotal
  • 2
Total Expenses
  • 22292.00
Views
  • Neighborhood
Water Source
  • Public
Cooling
  • Central
  • Electric
Electric
  • 220V In Kitchen
  • 220V In Laundry
Interior
  • Ceiling Fan
  • Granite Counters
  • Open Floor Plan
Community Features
  • Curbs
  • Gutters
  • Sidewalks
  • Street Lighting
Appliances
  • Dishwasher
  • Electric Oven
  • Electric Range
  • Gas Water Heater
  • Refrigerator
  • Water Heater Unit