614 Rancheria Drive Chico, CA 95926

$414,000 Closed

About the Property

Please Note: This property has been SOLD

Great north campus location makes this popular for both CSUC and Butte college students. Only blocks from CSUC and with the Butte College bus stop nearby. This great 4-unit apartment consisting of 2 bed, 1 bath units in the heart of it all. Each unit has nice sized kitchen and living room with wall heater and wall-mounted AC. Kitchens include vinyl flooring and electric appliances (no laundry). The property has off street parking, a large, fenced, grassy front yard with large trees and for all to share. Owner pays trash and landscaping. Recent improvement includes connecting to City Sewer April 2018. Previous owner installed new roof prior to putting on the market in 2004. Units A, B & D are rented through December 2018. Property manager lives on-site. (Square footage, bed/baths, & lot size taken from county records. This information has not been verified by agent. The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Buyer is advised to investigate to their satisfaction. Any information of special interest should be obtained through independent verification.)

Property Information

Size 3,016 SqFt
Price/SqFt $137
Lot Size 0.189 Acres
Year Built 1965
Property Type Residential Income
Listing Number SN18149824
Listed 6/22/2018
Modified 8/22/2018
Listing Agent Jeff Rotlisberger
Listing Office Coldwell Banker/DuFour
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
Construction Materials
  • Drywall Walls
Electric
  • Standard
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 37200.00
Gross Scheduled Income
  • 37200.00
Heating
  • Wall Heater
Levels
  • Two
Net Operating Income
  • 26000.00
Operating Expense
  • 11069.00
Pool
  • None
Roofing
  • Common Roof
Spa
  • None
StoriesTotal
  • 2
Total Actual Rent
  • 2325.00
Total Expenses
  • 11069.00
Utilities
  • Natural Gas Available
Water Source
  • Public
Accessibility Features
  • Doors - Swing In
  • Low Pile Carpeting
Fencing
  • Chain Link
  • Wood
Flooring
  • Carpet
  • Vinyl
Appliances
  • Electric Stove
  • High Efficiency Water Heater
  • Refrigerator
Community Features
  • Curbs
  • Sidewalks
  • Storm Drains
  • Street Lighting
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
  • Telephone