282 E 8th Street Chico, CA 95928

$1,175,000 Active
  • Courtyard Courtyard
  • Courtyard
  • Street View
  • Unit 1 Porch
  • Unit 9 Entrance
  • Unit 8 Patio
  • Unit 2 & 3 Staircase
  • Unit 2 & 3 Patio
  • Unit 1
  • Unit 1
  • Unit 1
  • Unit 1
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 3
  • Unit 3
  • Unit 3
  • Unit 3
  • Unit 6
  • Unit 6
  • Unit 6
  • Unit 7
  • Unit 7
  • Unit 7
  • Unit 7
  • Unit 8
  • Unit 8
  • Unit 10 Cottage
  • Unit 10
  • Unit 10
  • Unit 10
  • Unit 10
  • Unit 10
  • Front
  • Artist Rendering
  • Artist Rendering
  • Historic Photo
  • Historic Hitching Post

About the Property

Don’t deprive your investment portfolio— Jump on this opportunity to own a unique medley of studio and 1 bedroom downtown lofts. The best of the old & the new! Over the last 5 years, virtually every unit has been updated and this building was renovated with new roofing, paint and decking. Residents relish in the convenience of walking and biking downtown to local coffee shops & restaurants. There are several porches to enjoy your morning coffee, or picnic in the courtyard while foraging for fresh figs and oranges. Bustling with a rich Chico history, there is even a historic hitching post out front left from the days when people tied horses to them.

Property Information

Size 4,600 SqFt
Price/SqFt $255
Lot Size 0.18 Acres
Year Built 1901
Property Type Residential Income
Zoning C1
Listing Number SN22093593
Listed 5/5/2022
Modified 9/26/2022
Listing Agent Matt Depa
Listing Office Re/Max of Chico
Total Building 1
Total Units 10

Property Features

# Electric Meters
  • 11
# Gas Meters
  • 11
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Wall/Window Unit(s)
Garage Spaces
  • 0.00
Gross Income
  • 8880.00
Gross Scheduled Income
  • 107668.00
Heating
  • Wall Furnace
Net Operating Income
  • 73188.00
Operating Expense
  • 34480.00
Pool
  • None
Price Pe rUnit
  • 117500
Sewer
  • Public Sewer
Total Expenses
  • 34480.00
Water Source
  • Public