2915 Godman Avenue Chico, CA 95973

$930,000 Active

About the Property

Lucrative Multi-Family Investment Property; 4 SEPARATE INCOME-PRODUCING INVESTMENT PROPERTIES grossing $75,000.00+/year from short-term rentals within 1 mile from major shopping center, Hwy-99 freeway entrance, movie theatres, restaurants, banks, schools, etc. Total of 3 properties, each with their own addresses sit on .69 acres; 1 APN with R3 zoning. All units have their own washer and dryer unit, are separately gated for privacy and security, have private parking, and their own gas and electric. Property 1: 2915 Godman Ave. - 4/2 + Bonus Room, and Studio w/ private access. Property 2: 2917 Godman Ave. - 3/1 + Car Port Property 3: 2919 Godman Ave. - 2/1 Development potential with R3 zoning (Medium-High Density Residential: 14.1 – 22 units per gross acre) ***POTENTIAL TO PUT 15 UNITS ON PROPERTY***. Well and septic; city utility laterals are already on the property. Generate income while going through planning phase of development. Owner-Financing Option Available. Plenty of room for storage, RV and Boat Parking, private entry and exit for tenants. All units are furnished and available for separate private sale. Property is SOLD AS-IS.

Property Information

Size 4,664 SqFt
Price/SqFt $199
Lot Size 0.69 Acres
Year Built 1965
Property Type Residential Income
Zoning R3
Listing Number SN20044947
Listed 2/28/2020
Modified 3/2/2020
Listing Agent Paul Farsai
Listing Office California Top Brokers, Inc.
Total Building 3
Total Units 4

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
Carport Spaces
  • 2.00
Cooling
  • Central Air
Garage Spaces
  • 0.00
Heating
  • Central
Levels
  • One
Parking Total
  • 10.00
Pool
  • None
Sewer
  • Conventional Septic
StoriesTotal
  • 1
Uncovered Spaces
  • 8.00
Water Source
  • Shared Well
Community Features
  • Curbs
  • Gutters
  • Street Lights
Tenant Pays
  • All Utilities
  • Cable TV
  • Electricity
  • Gas
  • Telephone