493 E 8th Street Chico, CA 95928

$459,000 Closed

About the Property

Please Note: This property has been SOLD

Super cute triplex in a great location close to downtown, Chico State and Bidwell Park! All three units have been recently updated yet still have some of the old original charm! Two units have new stainless steel appliances and new laminate wood floors. Units #1 and #3 have laundry rooms with washer and dryers. Each unit has individual private fenced patios complete with garden boxes. Low maintenance front yard landscaping and off street parking in the back. Solid rental history with low vacancy. Low expenses with room for additional rent increases. Guide yourself through the property with the 3D tour!

Property Information

Size 2,561 SqFt
Price/SqFt $179
Lot Size 0.18 Acres
Year Built 1935
Property Type Residential Income
Listing Number SN20076385
Listed 4/21/2020
Modified 6/1/2020
Listing Agent Joan Heckerson
Listing Office Keller Williams Realty Chico Area
Total Building 1
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Water Meters
  • 1
Community Features
  • Sidewalks
Fencing
  • Good Condition
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 38256.00
Gross Scheduled Income
  • 44820.00
Net Operating Income
  • 37925.00
Operating Expense
  • 6895.00
Parking Total
  • 3.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
Style
  • Contemporary
Total Expenses
  • 6895.00
Utilities
  • Sewer Connected
Water Source
  • Public