This is an exceptional chance to own a fourplex consisting of four large 3 bedroom units making 9.22% annual rent to capital and fully net income positive. Comprising a single family home and a triplex built in 1984, this investment is fully rented with the ability to raise rents further in November. With the lack of inventory in Chico, this is an excellent chance to buy into this booming rental market. Full top to bottom remodels have been done on 3/4 units and the last one has been updated with new flooring, paint, etc. The owner has made extensive repairs and improvements to make all units easy to rent. There is no owner PG&E
|Lot Size||0.2 Acres|
|Property Type||Residential Income|
|Listing Agent||Constance Carter|
|Listing Office||Catalyst Real Estate Professionals|
Listed by Constance Carter of Catalyst Real Estate Professionals. Listing data last updated 8/23/2019 at 5:25 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 7/31/2019 9:13 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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