3187 Rodeo Avenue Chico, CA 95973

$645,000 Active Under Contract

About the Property

MULTI-USE MONEY MAKER! Spacious 5 acre parcel consisting of 2 houses and 2 shops with excellent rental history! County approved for 1 acre minimum lots. House has 3 bedrooms, 2 baths, 2-car garage over 1900 sq/ft. Mobile home has 3 bedroom, 2 bath mobile home (built in 1987) approx 1800 sq/ft. Large 3680 sq/ft extra tall shop with 5 roll-up doors. Smaller 1200 sq/ft shop with 2 roll-up doors. Properties have been rented for approx. $4,000 per month. Great location for investors, contractors, developers, family orchard, etc. Just a few minutes to the heart of Chico's shopping, transportation and CSUC. NOTE: HOUSE has pest, septic and roof reports and clearances, plus over $25,000 in repairs/upgrades. Mobile home has septic inspection, pumped and clearance. Both units have New water filtration systems.

Property Information

Size 3,699 SqFt
Price/SqFt $174
Lot Size 5 Acres
Year Built 1965
Property Type Residential Income
Zoning A5
Listing Number SN20191564
Listed 9/14/2020
Modified 10/13/2020
Listing Agent Bob Contreras
Listing Office Re/Max of Chico
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
Community Features
  • Rural
Cooling
  • Central Air
Electric
  • Standard
Exterior
  • Rain Gutters
Garage Spaces
  • 4.00
Gross Income
  • 47288.00
Gross Scheduled Income
  • 47280.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 36380.00
Operating Expense
  • 10900.00
Parking Total
  • 4.00
Pool
  • None
Sewer
  • Septic Type Unknown
Spa
  • None
StoriesTotal
  • 1
Style
  • Ranch
Total Actual Rent
  • 1400.00
Total Expenses
  • 10900.00
Water Source
  • Shared Well
Fencing
  • Chain Link
  • Wood
Roofing
  • Composition
  • Shingle
Utilities
  • Electricity Connected
  • Natural Gas Connected
Views
  • Neighborhood
  • Orchard
Fireplace
  • Living Room
  • Wood Stove Insert
  • Blower Fan
Flooring
  • Carpet
  • Laminate
  • Tile
Interior
  • Ceiling Fan(s)
  • Pantry
  • Tile Counters
Other Structures
  • Outbuilding
  • Shed(s)
  • Storage
Tenant Pays
  • All Utilities
  • Electricity
  • Gas
Appliances
  • Dishwasher
  • Gas Oven
  • Gas Cooktop
  • Gas Water Heater
  • Refrigerator
  • Water Heater
  • Water Purifier