278 E 9th Avenue Chico, CA 95926

$1,175,000 Active

About the Property

Great setting for this 6 unit property featuring 4 one story units, each with there own patio and 2 second story units all with garages and laundry rooms in each unit. Property is on sewer and located close to Enloe, CSUC, and all city services. Various upgrades in the last several years make this a turn key investment.

Property Information

Size 5,520 SqFt
Price/SqFt $213
Lot Size 0.41 Acres
Year Built 1979
Property Type Residential Income
Zoning R1
Listing Number SN19138778
Listed 6/12/2019
Modified 6/13/2019
Listing Agent Steve Depa
Listing Office Re/Max of Chico
Total Building 2
Total Units 6

Property Features

# Electric Meters
  • 7
# Gas Meters
  • 6
# Water Meters
  • 1
Community Features
  • Sidewalks
Garage Spaces
  • 6.00
Gross Income
  • 6280.00
Gross Scheduled Income
  • 75360.00
Net Operating Income
  • 55795.00
Operating Expense
  • 19565.00
Parking Total
  • 6.00
Pool
  • None
Sewer
  • Public Sewer
Total Expenses
  • 19565.00
Water Source
  • Public