1531 Sherman Avenue Chico, CA 95926

$445,000 Closed

About the Property

Please Note: This property has been SOLD

This charming property boasts two homes on one lot in a highly sought-after location! The front house is a cozy 3 bedroom/1 bathroom home that is perfect for living in. Featuring brand new dual pane windows and original hardwood floors, this house has all the charm of a classic home while still offering modern amenities. Enjoy your morning coffee or evening dinner on the back patio area while taking in the beautiful views of the separate backyard. You'll also have the convenience of an attached 1 car garage. The back studio is a perfect space for extra income, or for hosting family and friends. It has its own meter, alley access, and one parking space. The interior features laminate floors, a kitchenette, and a bathroom. Additionally, the studio is fully furnished and ready for use as an Airbnb. The separate courtyard provides an outdoor space for guests to relax and enjoy the beautiful California weather. This property offers a unique opportunity for those looking for an extra source of income or extra space for family and friends. Don't miss out on the chance to own this charming property in a prime location!

Property Information

Size 1,597 SqFt
Price/SqFt $279
Lot Size 0.17 Acres
Year Built 1947
Property Type Residential Income
Zoning R1
Listing Number SN23038715
Listed 3/1/2023
Modified 5/31/2023
Listing Agent Marisa Bauer
Listing Office Keller Williams Realty Chico Area
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
  • Central Air
  • Average Condition
  • Living Room
Garage Spaces
  • 1.00
Gross Scheduled Income
  • 36000.00
  • Ceiling Fan(s)
  • One
Net Operating Income
  • 28300.00
Operating Expense
  • 7700.00
Other Structures
  • Two On A Lot
Parking Total
  • 2.00
  • None
Price Pe rUnit
  • 225000
  • Composition
  • Public Sewer
Uncovered Spaces
  • 1.00
  • Neighborhood
Water Source
  • Public
  • Dishwasher
  • Refrigerator
Community Features
  • Storm Drains
  • Street Lights
  • Vinyl
  • Wood
  • Central
  • Wall Furnace
Tenant Pays
  • Cable TV
  • See Remarks