1744 Oakdale Street Chico, CA 95928
About the Property
Solid Investment Opportunity: Duplex with Strong Rental History of almost $3000 gross rents per month. Explore this investment duplex, offering a practical entry into real estate ownership. The main house spans 1,500 sq ft with 3 bedrooms and 2 bathrooms, featuring an updated kitchen, in-unit washer and dryer, and central heat and air. It also includes a fenced backyard for outdoor activities. The second unit, an 500 sq ft studio, comes with its own washer and dryer, adding convenience for tenants. Newer roof. With a Gross Rent Multiplier (GRM) of 11, this property presents itself as a cash-flowing asset from the outset. It's an ideal choice for those looking to start or expand their investment portfolio, especially for first-time investors keen on stepping into the real estate market. This property is a capable investment that requires some attention but promises a steady income stream in a reliable rental market.
Property Information
| Size | 2,200 SqFt |
|---|---|
| Price/SqFt | $193 |
| Lot Size | 0.18 Acres |
| Year Built | 1942 |
| Property Type | Residential Income |
| Zoning | RD-1 |
| Listing Number | SN24040612 |
| Listed | 2/28/2024 |
|---|---|
| Modified | 4/17/2024 |
| Listing Agent | Matthew Herman |
| Listing Office | Keller Williams Realty Chico Area |
| Total Building | 1 |
| Total Units | 2 |
Property Features
- 2
- 2
- 1
- 6.50
- 0.00
- Urban
- Central Air
- None
- 2.00
- 35424.00
- 35424.00
- Central
- Unfurnished
- One
- 26067.00
- 9357.00
- 2.00
- None
- 199500
- Asphalt
- Sewer Paid
- 1
- 9357.00
- Cable Available
- Public
- Cable TV
- Electricity
- Gas
- Telephone
Listed by Matthew Herman of Keller Williams Realty Chico Area. Listing data last updated 4/26/2024 at 3:33 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/17/2024 8:29 AM. 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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