24 Plaza Way Chico, CA 95926

$599,000 Pending

About the Property

Completely refurbished 4-plex on the end of a cul-de-sac in a great location walking distance to restaurants, grocery stores, shops and movie theater. The property features three 1 bedroom 1 bath units, and one 4 bedroom 2 bath unit. All of the units have new flooring, new appliances, new dual pane windows, new light and plumbing fixtures, new bathrooms and new kitchens. The outside of the building has been improved as well with new roofing material, new facia boards, and fresh paint. The building is in great condition inside and out. The 1 bedroom units rent for $990 each, and the 4 bedroom rents for $1,500.

Property Information

Size 3,788 SqFt
Price/SqFt $158
Lot Size 0.2 Acres
Year Built 1972
Property Type Residential Income
Zoning R2
Listing Number SN18291536
Listed 12/14/2018
Modified 1/21/2019
Listing Agent Michael McCrady
Listing Office Michael McCrady, Broker
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 5
# Gas Meters
  • 5
# Units Leased
  • 3
# Water Meters
  • 1
Community Features
  • Curbs
Cooling
  • Central
Fencing
  • Wood
Fireplace
  • Living Room
Garage Spaces
  • 0.00
Gross Income
  • 38840.00
Gross Scheduled Income
  • 54840.00
Heating
  • Central Furnace
Levels
  • Two
Net Operating Income
  • 38840.00
Operating Expense
  • 16000.00
Parking Total
  • 10.00
Pool
  • None
Sewer
  • Conventional Septic
StoriesTotal
  • 2
Style
  • Mid Century Modern
Total Expenses
  • 11700.00
Uncovered Spaces
  • 10.00
Water Source
  • Public
Utilities
  • Natural Gas Connected
  • Water Connected