307 Saint Michael Court Chico, CA 95973

$1,100,000 Pending

About the Property

Very well maintained income producing 4-unit property seconds from the Esplanade and a highly sought after residential area of Chico. The property consists of a single family house with 3 bedrooms / 3 bathrooms and a triplex with each unit having 2 bedrooms / 2 bathrooms all on one lot. Two of the units in the triplex have an additional good size den/bonus room. All four units have a 2 car garage, some off street parking, a small patio area, and washer and dryer hookups. Property is in a quiet neighborhood at the end of a cul-de-sac surrounded by other income producing properties. Consistent, great rental history for the past 30+ years. Leases are on month to month. Please do not disturb the Tenants.

Property Information

Size 4,935 SqFt
Price/SqFt $223
Lot Size 0.4 Acres
Year Built 1985
Property Type Residential Income
Zoning R3
Listing Number SN22177580
Listed 8/11/2022
Modified 9/23/2022
Listing Agent Candace Andel
Listing Office Century 21 Select Real Estate, Inc.
Total Building 2
Total Units 4

Property Features

# Electric Meters
  • 5
# Gas Meters
  • 4
# Water Meters
  • 4
Cooling
  • Central Air
Fireplace
  • None
Garage Spaces
  • 8.00
Gross Scheduled Income
  • 71620.00
Heating
  • Central
Net Operating Income
  • 48538.00
Operating Expense
  • 23082.00
Parking Total
  • 8.00
Pool
  • None
Price Pe rUnit
  • 275000
Roofing
  • Composition
Sewer
  • Conventional Septic
Total Expenses
  • 23082.00
Water Source
  • Public
Community Features
  • Biking
  • Urban
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
  • Telephone