432 Cedar Street Chico, CA 95928

$469,000 Pending

About the Property

Property is rented for $2950/month through June of 2025. 5% fixed rate seller financing! Hard to find seller financing and Hard to find South Campus location. Very close to university and wildcat rec center. 6 bedrooms 2.5 baths. Potential for conversion to a duplex rental. Across from city park and a short walk to restaurants and stores. New plank flooring with three bedrooms upstairs and three downstairs. Large yard for those evening barbecues and evening get together. Has a new roof with a small garage at rear of property and plenty of off-street parking.

Property Information

Size 1,842 SqFt
Price/SqFt $255
Lot Size 0.13 Acres
Year Built 1905
Property Type Residential Income
Zoning C2
Listing Number SN23180369
Listed 8/1/2023
Modified 4/18/2024
Listing Agent Jim Aguilar
Listing Office Century 21 Select Real Estate, Inc.
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Units Leased
  • 1
# Water Meters
  • 1
Cooling
  • Wall/Window Unit(s)
Garage Spaces
  • 1.00
Gross Income
  • 35400.00
Gross Scheduled Income
  • 35400.00
Levels
  • Two
Net Operating Income
  • 25382.00
Operating Expense
  • 10018.00
Other Structures
  • Outbuilding
Parking Total
  • 7.00
Pool
  • None
Price Pe rUnit
  • 469000
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Style
  • Traditional
Tenant Pays
  • All Utilities
Total Expenses
  • 10018.00
Uncovered Spaces
  • 6.00
Water Source
  • Public
Fencing
  • Chain Link
  • Wood
Fireplace
  • None
  • Kitchen
Views
  • Neighborhood
  • Park/Greenbelt
Construction Materials
  • Concrete
  • Drywall Walls
  • Wood Siding
Interior
  • Ceiling Fan(s)
  • Formica Counters
  • High Ceilings
Community Features
  • Curbs
  • Gutters
  • Park
  • Sidewalks
  • Urban
Utilities
  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected