417 Orange Street Chico, CA 95928

$1,795,000 Active

About the Property

Excellent mix of units in the most desirable college housing location! Six large 1 bedroom units, and four 3 bedroom units, just a short distance from CSU Chico. Easy walking & biking to school, downtown pubs & restaurants. Low expenses with solid occupancy numbers makes this an ideal investment for a new or seasoned investor.

Property Information

Size 7,486 SqFt
Price/SqFt $240
Lot Size 0.38 Acres
Year Built 1977
Property Type Residential Income
Zoning R3
Listing Number SN20045972
Listed 3/2/2020
Modified 6/4/2020
Listing Agent Matt Depa
Listing Office Re/Max of Chico
Total Building 1
Total Units 10

Property Features

# Electric Meters
  • 11
# Gas Meters
  • 11
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Wall/Window Unit(s)
Garage Spaces
  • 0.00
Gross Income
  • 12765.00
Gross Scheduled Income
  • 153180.00
Heating
  • Wall Furnace
Net Operating Income
  • 109200.00
Operating Expense
  • 43980.00
Pool
  • None
Sewer
  • Public Sewer
Total Expenses
  • 43980.00
Water Source
  • Public