3 Berkeley Lane Chico, CA 95926

$850,000 Closed

About the Property

Please Note: This property has been SOLD

This investment opportunity includes 2 duplexes on 2 parcels that have never been offered for sale before! These mid century modern units have been well maintained and the roofs/gutters have been recently replaced. You can't beat this location which is close to the park, shopping and schools! Each unit is a 2 bedroom, 2 bath and comes with an attached 2 car garage. All units are rented with long term tenants!. The only shared wall is the garage so all tenants have the privacy of a single family residence. Don't miss out on this great investment opportunity, schedule your tour today!

Property Information

Size 3,082 SqFt
Price/SqFt $276
Lot Size 0.26 Acres
Year Built 1969
Property Type Residential Income
Zoning R2
Listing Number SN23142774
Listed 8/3/2023
Modified 9/28/2023
Listing Agent Jessica Henman
Listing Office Bill Chance Realty
Total Building 2
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
# Water Meters
  • 2
Community Features
  • Urban
Cooling
  • Central Air
Fireplace
  • Living Room
Garage Spaces
  • 4.00
Gross Income
  • 49812.00
Gross Scheduled Income
  • 49812.00
Heating
  • Central
Net Operating Income
  • 39512.00
Operating Expense
  • 10300.00
Parking Total
  • 4.00
Pool
  • None
Price Pe rUnit
  • 218250
Sewer
  • Public Sewer
StoriesTotal
  • 1
Style
  • Mid Century Modern
Total Expenses
  • 6400.00
Water Source
  • Public
Appliances
  • Dishwasher
  • Disposal
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected