1432 N Cherry Street Chico, CA 95926

$299,000 Pending

About the Property

Conveniently located close to downtown Chico and Chico State University, this charming home offers hardwood floors, a large sundeck and a generous quarter acre lot. The kitchen is light and bright with granite countertops, there is an interior laundry room and the home has a bonus loft which provides ample storage. The lot is zoned R3 which could allow addition dwellings to be built on the property and there is a well built cottage in the backyard that is currently generating $650 per month in rent but would make an excellent office or art studio. All this for only 299K. Come see this great home today!!!

Property Information

Size 1,260 SqFt
Price/SqFt $237
Lot Size 0.25 Acres
Year Built 1950
Property Type Residential Income
Zoning R3
Listing Number SN18280104
Listed 11/17/2018
Modified 12/6/2018
Listing Agent Chris Brown
Listing Office People's Choice Brokers
Total Building 2
Total Units 2

Property Features

Carport Spaces
  • 1.00
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Scheduled Income
  • 25800.00
Heating
  • Central Furnace
Interior
  • Stone Counters
Levels
  • One
Net Operating Income
  • 21500.00
Operating Expense
  • 4300.00
Parking Total
  • 1.00
Pool
  • None
Sewer
  • Public Sewer
StoriesTotal
  • 1
Total Expenses
  • 4300.00
Water Source
  • Public
Community Features
  • Sidewalks
  • Street Lighting