2715 White Avenue Chico, CA 95973

$545,000 Active

About the Property

This duplex presents a fantastic investment opportunity with the potential to live in one unit and rent out the other, or lease the entire property to maximize your cash flow. Each unit features a great floorplan with 3 bedrooms and a full bath, complete with a separate vanity and sink area upstairs, plus a convenient half bath downstairs. The charming and updated kitchens feature granite countertops and peninsula counters for extra cooking space. Step through the kitchen sliders into your expansive private backyard, featuring mature landscaping, fruit trees, and covered patios. One unit even includes a wonderful in-ground pool, perfect for hot summer days, along with a newer HVAC system and water heater. Other features include indoor laundry, 2-car garage for each unit, lots of storage with a large pantry and linen closets. Each unit has a separate gas and electric meter. Located in a prime area, this property is an exceptional find!

Property Information

Size 2,440 SqFt
Price/SqFt $223
Lot Size 0.39 Acres
Year Built 1979
Property Type Residential Income
Zoning R2
Listing Number SN24162683
Listed 8/7/2024
Modified 8/16/2024
Listing Agent Laura Andrews
Listing Office Parkway Real Estate Co.
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 1
Cooling
  • Central Air
Fireplace
  • None
Garage Spaces
  • 4.00
Gross Income
  • 36700.00
Gross Operating Income
  • 41100.00
Gross Scheduled Income
  • 41100.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 4400.00
Operating Expense
  • 4400.00
Parking Total
  • 4.00
Price Pe rUnit
  • 272500
Roofing
  • Composition
Sewer
  • Conventional Septic
Spa
  • None
StoriesTotal
  • 2
Total Expenses
  • 4400.00
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Curbs
  • Sidewalks
Fencing
  • Average Condition
  • New Condition
Pool
  • Private
  • In Ground
Tenant Pays
  • Electricity
  • Gas
Flooring
  • Carpet
  • Tile
  • Vinyl
Interior
  • Ceiling Fan(s)
  • Granite Counters
  • Pantry
Appliances
  • Dishwasher
  • Gas Oven
  • Gas Range
  • Microwave
  • Refrigerator