3811/2 E 5th Avenue Chico, CA 95926

$339,000 Active

About the Property

OPPORTUNITY! OPPORTUNITY! OPPORTUNITY! Triplex with excellent East Avenue location on all city services, private and tucked in off the street, and close to CSUC, Enloe Hospital, and downtown. The triplex consists of two 2bd/1 ba units and a 1 bd/1 ba cottage. The two 2 bedroom/1 bath units have indoor laundry, walk-in closets, and private fenced patio-size backyards. Desirable location close to everything. Property is being sold as is and is priced accordingly. Photos are of units #1 an#3 only. Unit #2 is more updated than #3 and same floorpan. Square footage 0f 2024 s.f. taken from appraisal. County records state 1772 s.f. Buyer to investigate/verify to their satisfaction. Past inspections reports (Stone Ridge Termite & Pest 4/13/17 and Baird Roofing 5/18/16) in Supplemental Docs.

Property Information

Size 2,024 SqFt
Price/SqFt $167
Lot Size 0.179 Acres
Year Built 1948
Property Type Residential Income
Listing Number SN18002356
Listed 1/8/2018
Modified 1/18/2018
Listing Agent Annie Foster
Listing Office C21 Jeffries-Lydon
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Units Leased
  • 3
# Water Meters
  • 1
Cooling
  • Wall Window
Garage Spaces
  • 0.00
Gross Income
  • 28680.00
Gross Scheduled Income
  • 28680.00
Heating
  • Wall Heater
Levels
  • One
Net Operating Income
  • 22416.00
Operating Expense
  • 6264.00
Parking Total
  • 6.00
Pool
  • None
Roofing
  • Composition
StoriesTotal
  • 1
Total Actual Rent
  • 2390.00
Total Expenses
  • 6264.00
Utilities
  • Sewer Connected
Water Source
  • Public
Community Features
  • Street Lighting
  • Suburban
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
Accessibility Features
  • 2+ Access Exits
  • Entry Slope Less Than 1 Foot
  • No Interior Steps
  • Parking