465 Waterford Drive Chico, CA 95973

$525,000 Active Under Contract

About the Property

Great Investment Opportunity. Rent one side and live in the other or rent both out. This is a duplex in a nice neighborhood. There is a 2 bedroom, 1 bathroom unit that with a long term tenant that pays $800 a month. The other side is a 3 bedroom, 2 bathroom and is vacant. Both units have their own large private backyards, carports, and storage closet. The 3 bedroom unit has fresh paint inside, laminate and brick flooring throughout. Inspections have been done and this is ready for its next owner.

Property Information

Size 2,157 SqFt
Price/SqFt $243
Lot Size 0.32 Acres
Year Built 1978
Property Type Residential Income
Zoning R2
Listing Number OR22057461
Listed 3/22/2022
Modified 4/1/2022
Listing Agent Trisha Atehortua
Listing Office eXp Realty of California Inc
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 1
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Central Air
Garage Spaces
  • 0.00
Gross Income
  • 9600.00
Gross Scheduled Income
  • 9600.00
Heating
  • Central
Interior
  • Ceiling Fan(s)
Net Operating Income
  • 7700.00
Operating Expense
  • 1840.00
Pool
  • None
Price Pe rUnit
  • 262500
Sewer
  • Conventional Septic
Spa
  • None
Total Expenses
  • 1840.00
Utilities
  • Water Connected
Water Source
  • Public
Fireplace
  • Wood Burning
  • Wood Stove Insert
Flooring
  • Brick
  • Carpet
  • Laminate
Tenant Pays
  • Electricity
  • Grounds Care
  • Gas