1548 Chestnut Street Chico, CA 95928

$370,000 Pending

About the Property

Located in the bustling Barber Neighborhood at Chestnut and 15th, this 2-unit property offers a lucrative investment prospect. With a strong rental history and ease of tenant placement, it promises steady income. Each unit boasts comfortable living spaces, and practical layouts. The neighborhood's amenities, shops, and schools enhance its appeal. Don't miss the chance to own this income-generating asset in a sought-after location.

Property Information

Size 1,345 SqFt
Price/SqFt $275
Lot Size 0.09 Acres
Year Built 1980
Property Type Residential Income
Zoning R3
Listing Number SN24044435
Listed 3/3/2024
Modified 4/15/2024
Listing Agent Dan Anderson
Listing Office IPM
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 2
Accessibility Features
  • None
Carport Spaces
  • 0.00
Community Features
  • Curbs
Cooling
  • Central Air
Electric
  • 220 Volts
Fencing
  • None
Fireplace
  • None
Flooring
  • Laminate
Garage Spaces
  • 0.00
Gross Income
  • 22579.00
Gross Scheduled Income
  • 22579.00
Heating
  • Central
Interior
  • Unfurnished
Levels
  • Two
Net Operating Income
  • 12374.00
Operating Expense
  • 10204.00
Parking Total
  • 2.00
Pool
  • None
Price Pe rUnit
  • 185000
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Expenses
  • 10204.00
Uncovered Spaces
  • 2.00
Utilities
  • Electricity Connected
Water Source
  • Public