2520 Alamo Avenue Chico, CA 95973

$720,000 Closed

About the Property

Please Note: This property has been SOLD

Amazing Investment Opportunity! This triplex offers three separate, fully-equipped units, each with its own unique charm and character. This setup provides the perfect opportunity for rental income, or a spacious multi-generational living solution. 2520 Alamo boasts 2 bedrooms, 2 full bathrooms and a comfortable sized living room centered around a fireplace. 2522 Alamo also boasts 2 bedrooms and 2 bathrooms, indoor laundry, back patio and carport. 2524 Alamo is the biggest of the 3 units estimated at over 2000 sqft of living space with a detached oversized garage and covered storage area. Access to the garage area is controlled by an electronic metal gate for convenience and security. The property is a generous 0.66ac and zoned R4. Don't miss out on this rare chance to own a versatile triplex in Chico. Contact me today to schedule a viewing and explore the endless possibilities this property has to offer.

Property Information

Size 4,518 SqFt
Price/SqFt $159
Lot Size 0.66 Acres
Year Built 1978
Property Type Residential Income
Zoning R4
Listing Number SN23186856
Listed 10/6/2023
Modified 11/10/2023
Listing Agent Barbara Weibel
Listing Office Coldwell Banker C&C Properties
Total Building 1
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
Carport Spaces
  • 4.00
Community Features
  • Street Lights
  • Central Air
Garage Spaces
  • 2.00
Gross Income
  • 65420.00
Gross Scheduled Income
  • 70800.00
  • Central
  • One
Net Operating Income
  • 65420.00
Operating Expense
  • 5380.00
Parking Total
  • 10.00
  • None
Price Pe rUnit
  • 231667
  • Tile
  • Conventional Septic
  • None
  • 1
Tenant Pays
  • All Utilities
Total Expenses
  • 5380.00
Uncovered Spaces
  • 4.00
  • Neighborhood
Water Source
  • Public
  • Living Room
  • Wood Burning
  • Carpet
  • Laminate
  • Electricity Connected
  • Water Connected