527 W 5th Street Chico, CA 95928

$495,000 Pending

About the Property

Ivestment Property! Great location, close to CSUC, schools, downtown, restaurants, bus stop. 527 unit has 3 bedroom 1 bath, wood floors, high ceilings, living room, kitchen with an eating nook. The 531 unit has 2 bedrooms and 1 bath, kitchen, living room area, inside laundry. There is a spacious basement with plenty of room for storage. Both units have rear parking which makes this nice for the tenants.

Property Information

Size 2,710 SqFt
Price/SqFt $183
Lot Size 0.13 Acres
Year Built 1920
Property Type Residential Income
Zoning R3
Listing Number SN24022297
Listed 1/31/2024
Modified 2/20/2024
Listing Agent Sandy Stoner
Listing Office Century 21 Select Real Estate, Inc.
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 2
Community Features
  • Sidewalks
Construction Materials
  • Stucco
Cooling
  • Wall/Window Unit(s)
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 44480.00
Gross Scheduled Income
  • 44480.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 29567.00
Operating Expense
  • 14913.00
Parking Total
  • 4.00
Pool
  • None
Price Pe rUnit
  • 247500
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Tenant Pays
  • Electricity
Total Actual Rent
  • 3990.00
Total Expenses
  • 14589.00
Uncovered Spaces
  • 4.00
Views
  • Neighborhood
Water Source
  • Public
Appliances
  • Gas Cooktop
  • Water Heater
Flooring
  • Carpet
  • Vinyl
  • Wood
Interior
  • Ceiling Fan(s)
  • High Ceilings
  • Tile Counters
Utilities
  • Electricity Connected
  • Sewer Connected
  • Water Connected