1425 W 7th Street Chico, CA 95928

$339,000 Active

About the Property

Excellent opportunity to acquire the most affordable duplex in Chico! Each unit is a 1 bed/1 bath with open living room and kitchen. There is a shared onsite laundry facility. Large fenced backyard. Low maintenance Stucco exterior and comp roof. Unit B is available for immediate lease at market rate. Separate electrical and gas meters. Owner pays water, sewer and trash. Great investment opportunity.

Property Information

Size 1,160 SqFt
Price/SqFt $292
Lot Size 0.12 Acres
Year Built 1972
Property Type Residential Income
Zoning R3
Listing Number SN24029008
Listed 2/9/2024
Modified 9/4/2024
Listing Agent Derek Sandgren
Listing Office Helm Properties
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 1
# Water Meters
  • 1
Carport Spaces
  • 0.00
Community Features
  • Suburban
Cooling
  • Wall/Window Unit(s)
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 22080.00
Gross Scheduled Income
  • 22080.00
Heating
  • Wall Furnace
Levels
  • One
Net Operating Income
  • 19320.00
Operating Expense
  • 2760.00
Parking Total
  • 3.00
Pool
  • None
Price Pe rUnit
  • 169500
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 1
Total Expenses
  • 2760.00
Uncovered Spaces
  • 3.00
Water Source
  • Public
Appliances
  • Gas Range
  • Refrigerator
Flooring
  • Carpet
  • Vinyl
Tenant Pays
  • Electricity
  • Gas
Construction Materials
  • Frame
  • Stucco
  • Wood Siding
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected