This 8 unit complex is in a great location within close proximity to Chico State University, Enloe Hospital and downtown Chico. The excellent location provides for a very broad tenant base and translates to an extremely solid rental history. Low maintenance stucco exterior, onsite laundry facility and abundant off-street parking add to the appeal as well. Property is under professional management, is fully occupied and ready for an easy transition to new owner... **Long term tenants reside in a number of the units and currently have lower than market rents as a result. There is significant upside on rents for future owner.
Size | 6,520 SqFt |
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Price/SqFt | $110 |
Lot Size | 0.46 Acres |
Year Built | 1973 |
Property Type | Residential Income |
Zoning | R3 |
Listing Number | SN18066053 |
Listed | 3/23/2018 |
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Modified | 5/18/2018 |
Listing Agent | Daniel Bosch |
Listing Office | Re/Max of Chico |
Total Building | 1 |
Total Units | 8 |
Listed by Daniel Bosch of Re/Max of Chico. Listing data last updated 4/23/2024 at 7:35 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/18/2018 3:46 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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