227 W 22nd Street Chico, CA 95928

$605,000 Closed

About the Property

Please Note: This property has been SOLD

Great investment opportunity! Rent out all three units or live in one and rent out the other two. This TRIPLEX is close to Chico State and Downtown Chico. All units were updated in 2012, all have central air and heat, new roofs in 2012 and connected to City sewer. The front home features 3 bedrooms and 1.5 bathrooms, plus a basement and has an open floor plan with a spacious kitchen. The back duplex both feature 3 bedrooms, 1 bathrooms with large, private, fenced backyards. There is a community laundry area, mature trees that provide a lot of shade and 6 parking spaces on the property.

Property Information

Size 3,117 SqFt
Price/SqFt $194
Lot Size 0.24 Acres
Year Built 1981
Property Type Residential Income
Listing Number SN21211499
Listed 9/23/2021
Modified 11/10/2021
Listing Agent John Barroso
Listing Office Parkway Real Estate Co.
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 3
# Water Meters
  • 1
Cooling
  • Central Air
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 26664.00
Gross Scheduled Income
  • 32280.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 26664.00
Operating Expense
  • 5616.00
Pool
  • None
Price Pe rUnit
  • 191667
Sewer
  • Public Sewer
StoriesTotal
  • 1
Total Expenses
  • 5616.00
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Gutters
  • Sidewalks
Tenant Pays
  • Electricity
  • Gas