371 Rio Lindo Avenue Chico, CA 95926

$1,200,000 Closed

About the Property

Please Note: This property has been SOLD

371 & 373 Rio Lindo is a nine unit apartment complex located in Chico, consisting seven of 2 bedroom, 1 bath units, and two 3 bedroom 1 bath units....Property was sold off market and is just being entered for comp purposes.

Property Information

Size 7,004 SqFt
Price/SqFt $171
Lot Size 1.36 Acres
Year Built 1960
Property Type Residential Income
Zoning R3
Listing Number SN24025615
Listed 2/9/2024
Modified 2/9/2024
Listing Agent Steve Depa
Listing Office Re/Max of Chico
Total Building 6
Total Units 9

Property Features

# Electric Meters
  • 9
# Gas Meters
  • 9
# Water Meters
  • 1
Community Features
  • Sidewalks
Garage Spaces
  • 0.00
Gross Income
  • 8990.00
Gross Scheduled Income
  • 107880.00
Net Operating Income
  • 80078.00
Operating Expense
  • 27802.00
Pool
  • None
Price Pe rUnit
  • 131667
Sewer
  • Public Sewer
StoriesTotal
  • 1
Total Expenses
  • 27802.00
Water Source
  • Public