1748 Neal Dow Avenue Chico, CA 95926

$1,395,000 Active

About the Property

Park like setting for this updated 12 unit apartment complex across the street from Lindo Channel. Parking lot has been recently resurfaced and building has been repainted. This secluded location offers a peaceful environment that has attracted long term tenants to this property. First floor units have private yards and on site laundry is available to all tenants.

Property Information

Size 9,305 SqFt
Price/SqFt $150
Lot Size 0.61 Acres
Year Built 1959
Property Type Residential Income
Zoning R3
Listing Number SN18128863
Listed 5/31/2018
Modified 6/8/2018
Listing Agent Steven Depa
Listing Office Re/Max of Chico
Total Building 1
Total Units 12

Property Features

# Electric Meters
  • 13
# Gas Meters
  • 13
# Water Meters
  • 1
Community Features
  • Sidewalks
Garage Spaces
  • 0.00
Gross Income
  • 10190.00
Gross Scheduled Income
  • 122280.00
Net Operating Income
  • 88897.00
Operating Expense
  • 33383.00
Pool
  • None
Total Expenses
  • 33383.00
Water Source
  • Public