202 W 2nd Avenue Chico, CA 95926

$535,000 Active

About the Property

Prime location just blocks from Chico State University and downtown! Charming vintage property fully rented currently with 5 units and onsite laundry! Three 1 bed 1 bath units & Two 2 bed 1 bath units. Upstairs unit has gorgeous hard wood floors, lots of light, & huge private balcony overlooking 2nd Ave & Magnolia. All units have private entry & lots of charm of the era built. Super shaded back yard to avoid the Chico heat & free standing laundry room for tenant use at $10 per month. 24 hours notice for all showings. Please do not disturb occupants. (property originally turned into 5 units & then into 4 units years ago. Currently rented as 5 units)

Property Information

Size 3,285 SqFt
Price/SqFt $163
Lot Size 0.139 Acres
Year Built 1895
Property Type Residential Income
Zoning RD-1
Listing Number SN18147324
Listed 6/20/2018
Modified 6/20/2018
Listing Agent Sarah Nielsen
Listing Office Independent Realty Group
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 1
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Wall Window
Garage Spaces
  • 0.00
Gross Income
  • 840.00
Gross Scheduled Income
  • 45156.00
Levels
  • Three Or More
Net Operating Income
  • 34144.00
Operating Expense
  • 11012.00
Pool
  • None
StoriesTotal
  • 3
Total Expenses
  • 11012.00
Water Source
  • Public
Heating
  • Electric
  • Natural Gas
Flooring
  • Carpet
  • Tile
  • Vinyl
  • Wood