385 E 12th Street Chico, CA 95928

$699,000 Active

About the Property

Unique Investment Opportunity! This 6 unit complex is located in desirable south east chico. Walking distance to down town shopping and restaurants.This complex consist of 1- 2 bed room unit, 4- 1 bedroom units and a Studio apt. Most all units have been upgraded with granite counter tops and tile floors. Newer refrigerators and gas ranges in all units included in sale. Rents are considered below current market. The low maintenance landscape is on automatic drip system, Freshly painted exterior. Don't delay call today for more information or to schedule a showing.

Property Information

Size 2,705 SqFt
Price/SqFt $258
Lot Size 0.17 Acres
Year Built 1948
Property Type Residential Income
Zoning R-2
Listing Number SN18278000
Listed 11/21/2018
Modified 11/22/2018
Listing Agent Paul Champlin
Listing Office Century 21 Select Real Estate, Inc.
Total Building 2
Total Units 6

Property Features

# Electric Meters
  • 6
# Gas Meters
  • 4
# Units Leased
  • 6
# Water Meters
  • 1
Accessibility Features
  • Parking
Appliances
  • Gas Stove
Exterior
  • Rain Gutters
Garage Spaces
  • 0.00
Gross Income
  • 56340.00
Gross Scheduled Income
  • 56340.00
Net Operating Income
  • 52614.00
Operating Expense
  • 3726.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
Total Actual Rent
  • 4695.00
Total Expenses
  • 6218.00
Views
  • Neighborhood
Water Source
  • Public
Flooring
  • Carpet
  • Tile
Community Features
  • Curbs
  • Gutters
  • Sidewalks
Interior
  • Ceiling Fan
  • Granite Counters
  • Living Room Balcony
  • Two Story Ceilings