309 Saint Michael Court Chico, CA 95973

$1,200,000 Active Under Contract

About the Property

RARE OPPORTUNITY!!! 3 bedroom, 3 bath home with income generating triplex on the same lot! Triplex units have 2 bedrooms, 2 baths and end units have an additional bonus room/den. Home and units all have 2 car attached garages and private yards. Located in area of multi-family properties of the same type and age. First time on the market!

Property Information

Size 4,935 SqFt
Price/SqFt $243
Lot Size 0.4 Acres
Year Built 1985
Property Type Residential Income
Zoning R3
Listing Number SN22033950
Listed 2/21/2022
Modified 5/15/2022
Listing Agent Tamara Lambert
Listing Office Re/Max of Chico
Total Building 2
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
# Units Leased
  • 4
# Water Meters
  • 4
Community Features
  • Valley
Cooling
  • Central Air
Electric
  • Standard
Exterior
  • Lighting
Fencing
  • Wood
Fireplace
  • Living Room
Garage Spaces
  • 8.00
Gross Income
  • 68820.00
Gross Scheduled Income
  • 68820.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 54685.00
Operating Expense
  • 14135.00
Parking Total
  • 8.00
Pool
  • None
Price Pe rUnit
  • 300000
Sewer
  • Conventional Septic
Spa
  • None
Total Actual Rent
  • 68820.00
Total Expenses
  • 14135.00
Views
  • Neighborhood
Water Source
  • Public
Appliances
  • Gas Range
  • Water Heater
Flooring
  • Carpet
  • Laminate
Interior
  • Ceiling Fan(s)
  • Unfurnished
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Water Connected
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
  • Insurance
  • Telephone