417 Orange Street Chico, CA 95928

$1,650,000 Pending

About the Property

Great unit mix, six large 1 bedrooms and four 3 three bedroom units in the most desirable college housing location. Just a short distance from CSU Chico and downtown dining and entertainment. Great occupancy numbers with low expenses this apartment project an ideal investment for a new or seasoned investor.

Property Information

Size 7,486 SqFt
Price/SqFt $220
Lot Size 0.38 Acres
Year Built 1977
Property Type Residential Income
Zoning R3
Listing Number SN20228299
Listed 10/29/2020
Modified 11/11/2020
Listing Agent Steve Depa
Listing Office Re/Max of Chico
Total Building 1
Total Units 10

Property Features

# Electric Meters
  • 11
# Gas Meters
  • 11
# Units Leased
  • 10
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Wall/Window Unit(s)
Garage Spaces
  • 0.00
Gross Income
  • 12765.00
Gross Operating Income
  • 152616.00
Gross Scheduled Income
  • 155680.00
Heating
  • Wall Furnace
Net Operating Income
  • 96506.00
Operating Expense
  • 56110.00
Pool
  • None
Sewer
  • Public Sewer
Total Actual Rent
  • 12765.00
Total Expenses
  • 56110.00
Water Source
  • Public