2915 Godman Avenue Chico, CA 95973

$999,900 Active

About the Property

GREAT CHICO INCOME PRODUCING PROPERTY - Very unique and versatile - 4 SPACIOUS, SEPARATE, RENTALS HOUSES GROSS $6400 Monthly... (Three Total Buildings) 4 Units include (1) 4/2 + Bonus Room, (2) 3/1 Unit (3) 2/1 Unit and (4) Studio.. All Units are separately gated for privacy and security and have small fenced-in back yards....GREAT OPPORTUNITY TO LIVE AND WORK FROM HOME.... Live in one unit and manage the others... All Rentals Units have small, fenced in yards for Privacy and separate parking.. Main 2412 Sqft, 4/2 Unit has numerous upgrades which include knotty pine, 16 foot vaulted ceilings, brick fireplace, large bonus room which could be used as a 5th bedroom or office, master bathroom with double sinks and much more!!.... RV and Boat parking with court yard for tenants... Located very close to shops, markets and schools..Seller has all tenant and lease info on record.. NO PROBLEM FINDING GREAT TENANTS in this post CAMP FIRE MARKET to keep this property fully rented for maximum income $$$....

Property Information

Size 4,424 SqFt
Price/SqFt $226
Lot Size 0.69 Acres
Year Built 1965
Property Type Residential Income
Zoning R3
Listing Number SN18285051
Listed 12/4/2018
Modified 12/16/2018
Listing Agent Lee Jones
Listing Office Anderson Real Estate Sales
Total Building 4
Total Units 4

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Units Leased
  • 3
Cap Rate
  • 5.00
Carport Spaces
  • 2.00
Electric
  • Standard
Garage Spaces
  • 0.00
Gross Income
  • 72960.00
Gross Operating Income
  • 72960.00
Gross Scheduled Income
  • 76800.00
Levels
  • One
Net Operating Income
  • 51072.00
Operating Expense
  • 21888.00
Parking Total
  • 10.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Conventional Septic
Spa
  • None
StoriesTotal
  • 1
Style
  • Contemporary
Total Actual Rent
  • 76890.00
Total Expenses
  • 21888.00
Uncovered Spaces
  • 8.00
Views
  • Neighborhood
Water Source
  • Well
Community Features
  • Sidewalks
  • Street Lighting
Construction Materials
  • Stucco
  • Wood Siding
Fencing
  • Wood
  • Wrought Iron
Heating
  • Central Furnace
  • Electric
Other Structures
  • Shed(s)
  • Storage
Tenant Pays
  • Cable TV
  • Insurance
Accessibility Features
  • Doors - Swing In
  • Parking
  • See Remarks
Cooling
  • Central
  • Wall Window
  • Evaporative
Exterior
  • Lighting
  • Rain Gutters
  • TV Antenna
Appliances
  • Electric Oven
  • Electric Range
  • Electric Stove
  • Water Heater Unit
Flooring
  • Laminate
  • Tile
  • Vinyl
  • Wood
Interior
  • Cathedral-Vaulted Ceilings
  • Ceiling Fan
  • Formica Counters
  • Tile Counters
Utilities
  • Cable Available
  • Electricity Connected
  • Natural Gas Connected
  • Water Available
Fireplace
  • Bonus Room
  • Den
  • Family Room
  • Kitchen
  • Living Room
  • See Remarks