1518 W 5th Street Chico, CA 95928

$546,000 Closed

About the Property

Please Note: This property has been SOLD

Turnkey income property with good rental history in excellent condition. Great location in Chico. 3 units with high ceilings, tons of natural light, large kitchens with eating nook and spacious bedrooms and baths. All units are alarmed through ADT with sensors on all downstairs windows. 2 units have new interior paint and the 3 bedroom has tile thoughout the main living areas, kitchen, living and dining nook with 2 story ceiling in family room. The 1 bedroom has vaulted ceilings with wood beams and open kitchen and dining layout. 3 single car garages are rented separately at $100 each. Plenty of parking and a shady back yard and picnic bench area. This property is great for investors looking for easy renting in a popular location. Class A building immaculately maintained.

Property Information

Size 3,403 SqFt
Price/SqFt $160
Lot Size 0.14 Acres
Year Built 2002
Property Type Residential Income
Listing Number CH15136290
Listed 6/23/2015
Modified 7/16/2015
Listing Agent Kristin Pankhurst
Listing Office Chico Lifestyle Real Estate
Total Building 1
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Water Meters
  • 1
Carport Spaces
  • 1.00
Community Features
  • Suburban
Construction Materials
  • Stucco
Cooling
  • Central Air
Fencing
  • Wood
Fireplace
  • None
Garage Spaces
  • 3.00
Gross Income
  • 3900.00
Gross Scheduled Income
  • 46800.00
Heating
  • Forced Air
Levels
  • Two
Net Operating Income
  • 40600.00
Operating Expense
  • 6168.00
Parking Total
  • 3.00
Pool
  • None
Roofing
  • Composition
Spa
  • None
StoriesTotal
  • 2
Style
  • Contemporary
Views
  • Neighborhood
Water Source
  • Public
Flooring
  • Carpet
  • Tile
Appliances
  • Dishwasher
  • Disposal
  • Water Heater
Interior
  • Balcony
  • High Ceilings
  • Laminate Counters
Utilities
  • Cable Available
  • Natural Gas Available
  • Sewer Connected

Price History

Date From To Change
7/16/2015 $549,000 $546,000 ($3,000)