481 E 3rd Street Chico, CA 95928

$440,000 Closed

About the Property

Please Note: This property has been SOLD

Discover a prime investment gem in the heart of Chico! This duplex features a 4-bedroom, 2-bath front house, alongside a comfortable 2-bedroom, 1-bath unit. Each comes with convenient in-unit laundry, private low-maintenance backyards, and plenty of off street parking with alley access. Ideal for investors, this property is a standout choice for a portfolio addition, offering both practicality and charm right where the action is! PLEASE DO NOT DISTURB TENANTS.

Property Information

Size 1,557 SqFt
Price/SqFt $283
Lot Size 0.17 Acres
Year Built 1905
Property Type Residential Income
Zoning CC
Listing Number SN23220527
Listed 12/6/2023
Modified 1/2/2024
Listing Agent Steve Depa
Listing Office Re/Max of Chico
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Wall/Window Unit(s)
Garage Spaces
  • 0.00
Gross Income
  • 3045.00
Gross Scheduled Income
  • 36540.00
Heating
  • Floor Furnace
Net Operating Income
  • 29412.00
Operating Expense
  • 7128.00
Pool
  • None
Price Pe rUnit
  • 219000
Sewer
  • Public Sewer
StoriesTotal
  • 1
Total Expenses
  • 7128.00
Water Source
  • Public