478 Humboldt Avenue Chico, CA 95928

$462,000 Active

About the Property

Affordable income property in the heart of Chico. Two separate homes on one lot with a fantastic location just minutes from highway access, downtown Chico and CSUC... Property offers a fantastic rental history and is comprised of a 4 bedroom/2 bath home and a 3 bedroom/1 bath. Live in one and rent the other? Buying now means that you can capitalize on not only the fantastic cash flow, but the potential for rent increases in the strengthening Chico market. ***Please do not disturb tenants***. Thank you!

Property Information

Size 2,851 SqFt
Price/SqFt $162
Lot Size 0.219 Acres
Year Built 1956
Property Type Residential Income
Zoning RP
Listing Number SN18071765
Listed 3/29/2018
Modified 3/29/2018
Listing Agent Craig Brandol
Listing Office Re/Max of Chico
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 2
Community Features
  • Sidewalks
Garage Spaces
  • 1.00
Gross Income
  • 30120.00
Gross Scheduled Income
  • 30120.00
Net Operating Income
  • 27720.00
Operating Expense
  • 1200.00
Parking Total
  • 1.00
Pool
  • None
Total Expenses
  • 8175.00
Water Source
  • Public