465 Waterford Drive Chico, CA 95973

$537,500 Closed
  • Unit B, 3 bedroom
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  • Carport
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  • Uint A Backyard
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About the Property

Please Note: This property has been SOLD

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 $249
Lot Size 0.32 Acres
Year Built 1978
Property Type Residential Income
Zoning R2
Listing Number OR22057461
Listed 3/22/2022
Modified 6/1/2022
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

Listed by Trisha Atehortua of eXp Realty of California Inc. Listing data last updated 4/25/2024 at 3:41 AM PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/1/2022 9:02 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

MLS integration provided by IDX Wizards

Property Location

Directions: E Lassen Ave to Joshua Tree Rd, and left on Waterford

Investment Analysis

Gross Income
Gross Rent Multiplier
Price per Unit
Estimated Insurance
Estimated Taxes
Estimated Net Income
Estimated Debt Service
Estimated Cashflow
Estimated Cash on Cash
*Investment Analysis is estimated based on listing provided data and averages which may not be specific to this property and does not represent actual expenses, returns, or amounts.

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