403 Ash Street Chico, CA 95928

$393,000 Pending

About the Property

Investors take note! Large two story home well suited to community living! Ideally located near Chico State, downtown and services. Very popular with the student population; easily rents for $3,200 per month. Over a quarter acre corner lot zoned R3 for additional units so lots of potential for someone in the contracting world or a hands on owner with rental development experience. Recent interior and exterior paint, back fence, general repairs and clean up to be ready for the Spring leasing season. Grab your favorite Realtor and schedule a showing today!

Property Information

Size 2,290 SqFt
Price/SqFt $172
Lot Size 0.28 Acres
Year Built 1904
Property Type Residential Income
Listing Number SN26049865
Listed 2/19/2026
Modified 4/28/2026
Listing Agent Adam Fedeli
Listing Office Chico Homes
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Cooling
  • Central Air
Electric
  • 220 Volts in Laundry
Exterior
  • Rain Gutters
Garage Spaces
  • 2.00
Gross Income
  • 38400.00
Gross Scheduled Income
  • 38400.00
Levels
  • Two
Net Operating Income
  • 26400.00
Operating Expense
  • 12000.00
Parking Total
  • 2.00
Pool
  • None
Price Pe rUnit
  • 393000
Roofing
  • Asphalt
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Tenant Pays
  • All Utilities
Total Expenses
  • 1000.00
Views
  • Neighborhood
Water Source
  • Public
Fencing
  • Cross Fenced
  • Wood
Other Structures
  • Workshop
  • Outbuilding
Style
  • Craftsman
  • Mid Century Modern
Community Features
  • Street Lights
  • Urban
  • Sidewalks
Construction Materials
  • Wood Siding
  • Stucco
  • Drywall Walls
Fireplace
  • Masonry
  • Living Room
  • Wood Stove Insert
Flooring
  • Vinyl
  • Carpet
  • Wood
Heating
  • Natural Gas
  • Forced Air
  • Central
Interior
  • Ceiling Fan(s)
  • 2 Staircases
  • Tile Counters
Utilities
  • Natural Gas Connected
  • Phone Available
  • Sewer Connected
  • Cable Available
  • Electricity Connected
  • Water Connected
Appliances
  • Water Heater
  • Disposal
  • Vented Exhaust Fan
  • Range Hood
  • Electric Oven
  • Dishwasher
  • Electric Cooktop