609 Rancheria Drive Chico, CA 95926

$1,183,000 Active

About the Property

Great investment near CSUC! This 5 unit complex is clean and has been very well cared for! All 5 units feature 3 spacious bedrooms and 2 bathrooms, full size washer and dryer, updated cabinets, granite counter tops in the kitchen with new stoves, refrigerators and water heaters. Dual pane windows were installed in 2007, upgraded Levolor blinds for all widows and new roof in 2013. Retrofit was completed in 2014. There are very few owner expenses with tenants paying water, gas and electricity.

Property Information

Size 8,160 SqFt
Price/SqFt $145
Lot Size 0.21 Acres
Year Built 1968
Property Type Residential Income
Zoning R3
Listing Number SN20127992
Listed 7/1/2020
Modified 7/7/2020
Listing Agent John Barroso
Listing Office Parkway Real Estate Co.
Total Building 1
Total Units 5

Property Features

# Electric Meters
  • 5
# Gas Meters
  • 5
# Water Meters
  • 5
Community Features
  • Sidewalks
Cooling
  • Central Air
Garage Spaces
  • 0.00
Gross Income
  • 91980.00
Gross Scheduled Income
  • 91980.00
Heating
  • Central
Levels
  • Two
Pool
  • None
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Tenant Pays
  • All Utilities
Total Expenses
  • 15846.00
Views
  • Neighborhood
Water Source
  • Public
Flooring
  • Carpet
  • Tile
Roofing
  • Flat
  • Tar/Gravel
Interior
  • Ceiling Fan(s)
  • Granite Counters
  • Tile Counters
Appliances
  • Dishwasher
  • Disposal
  • Gas Oven
  • Gas Range
  • Refrigerator