458 Nord Avenue Chico, CA 95926

$125,000 Closed

About the Property

Please Note: This property has been SOLD

Does it get much closer to CSU Chico's campus than Cambridge Condominiums? Unit is upstairs, next to a walking path entrance to campus. Stackable washer and dryer, refrigerator, stove/oven, dishwasher, dual pane windows. Bedrooms have spacious closets. Kitchen open to dining area and living room. Balcony has water heater closet. A mix of students and non-students in this complex. The current tenants are on a lease until August 31st 2019. Currently paying $950 a month until this August when it increases to $975 a month. The tenants are being professionally managed by Entwood Property management. HOA is also managed Entwood Proprty Management. HOA annual dues take care of all exterior building maintenance, parking lot lighting, common areas, liability insurance, watering grounds, fire insurance coverage, workers comp for property managment's officers, landscaping contracts, exterior pest control, and payments to the reserve fund for future roof replacement, parking lot replacements, trash removal, debris removal, bulk item pickups, etc. Parking is by permit only. There are not a certain number of spaces given to each unit. Tenants should apply for a permit to park.

Property Information

Size 864 SqFt
Price/SqFt $145
Lot Size 0.02 Acres
Year Built 1983
Property Type Residential Income
Zoning C1
Listing Number SN18079103
Listed 4/4/2018
Modified 11/30/2018
Listing Agent Dustin Cheatham
Listing Office Century 21 Select Real Estate, Inc.
Total Building 4
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Units Leased
  • 1
# Water Meters
  • 1
Accessibility Features
  • None
Community Features
  • Sidewalks
Construction Materials
  • Wood Siding
Cooling
  • Central
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 11400.00
Gross Scheduled Income
  • 11625.00
Heating
  • Central Furnace
Levels
  • One
Net Operating Income
  • 8793.00
Operating Expense
  • 2832.00
Pool
  • None
Sewer
  • Public Sewer
StoriesTotal
  • 1
Total Actual Rent
  • 11625.00
Total Expenses
  • 8793.00
Water Source
  • Public
Flooring
  • Carpet
  • Tile
Interior
  • Ceiling Fan
  • Laminate Counters
  • Living Room Balcony
Tenant Pays
  • Cable TV
  • Electricity
  • Telephone
Appliances
  • Dishwasher
  • Electric Oven
  • Electric Stove
  • Refrigerator