616 Rancheria Drive Chico, CA 95926

$390,000 Closed

About the Property

Please Note: This property has been SOLD

What a great opportunity to invest in Real Estate! Each of these four units consists of two bed/1 bath units and is perfectly located near CSU Chico, downtown and Bidwell Park. The curb appeal is also phenomenal. The exterior has been recently painted and the blacktop in the parking lot was also re-done and re-striped. The units have all been very well kept and are light, bright and clean. There are also new dual pane windows throughout the units. These units also provide a very low vacancy factor, they are almost always rented. Call today for your own private viewing of this complex.

Property Information

Size 3,016 SqFt
Price/SqFt $129
Lot Size 0.189 Acres
Year Built 1965
Property Type Residential Income
Zoning R3
Listing Number CH16172917
Listed 8/6/2016
Modified 12/16/2016
Listing Agent John Barroso
Listing Office Keller Williams Realty Chico
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 5
# Gas Meters
  • 5
# Water Meters
  • 1
Cooling
  • Central
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 2800.00
Gross Scheduled Income
  • 33600.00
Levels
  • Two
Pool
  • None
Spa
  • None
Utilities
  • Sewer Connected
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Gutters
  • Sidewalks
Heating
  • Heat Pump
  • Combination
Flooring
  • Laminate
  • Carpet
  • Vinyl