1631 Sherman Avenue Chico, CA 95926

$365,000 Pending

About the Property

2 homes on 1 lot, great Chico investment opportunity, or live in one home and rent out the other!! Great corner lot in the Avenues, separate gas/electric meters, separate yards, with steady income. Front house: 1950's 3/2, good size bedrooms, garage conversion providing bonus room used as a 4th bedroom, the roof is newer, there is original hardwood floors, inside laundry, plus a bonus sunroom. Back house: 4/1 with newer vinyl, newer paint, and newer carpet. It also has a separate fenced yard space. Contact your agent today to set up your private showing!

Property Information

Size 2,824 SqFt
Price/SqFt $129
Lot Size 0.18 Acres
Year Built 1950
Property Type Residential Income
Zoning R1
Listing Number SN18168900
Listed 7/16/2018
Modified 11/25/2018
Listing Agent Carolyn Fejes
Listing Office Re/Max of Chico
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 1
Community Features
  • Suburban
Cooling
  • Wall Window
Fencing
  • Wood
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Scheduled Income
  • 33576.00
Heating
  • Natural Gas
Levels
  • One
Net Operating Income
  • 25851.00
Operating Expense
  • 7725.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Conventional Septic
Spa
  • None
StoriesTotal
  • 1
Total Actual Rent
  • 33576.00
Total Expenses
  • 7725.00
Views
  • Neighborhood
Water Source
  • Public
Appliances
  • Gas Range
  • Gas Water Heater
  • Refrigerator
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
Flooring
  • Carpet
  • Laminate
  • Vinyl
  • Wood
Tenant Pays
  • Electricity
  • Gas
  • Telephone
  • Trash Collection