Great investment opportunity in downtown Chico! This quadruplex is 5 blocks from the university and features four, four-bedroom two-bathroom units. The property is professionally managed and has been well-maintained. The roof was replaced in 2019. Each unit has updated dual pain windows, renovated porch/staircase leading to the upstairs unit and a recently re-painted parking lot. The rents have been priced affordable and has given the property a strong rental history, all units are leased through summer 2022. The current total gross rent is $6,850 per month.
Size | 4,400 SqFt |
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Price/SqFt | $212 |
Lot Size | 0.2 Acres |
Year Built | 1984 |
Property Type | Residential Income |
Zoning | R3 |
Listing Number | SN22017516 |
Listed | 1/28/2022 |
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Modified | 5/13/2022 |
Listing Agent | Jacob Hricik |
Listing Office | Atrix Real Estate |
Total Building | 1 |
Total Units | 4 |
Listed by Jacob Hricik of Atrix Real Estate. Listing data last updated 4/24/2024 at 7:26 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/13/2022 9:43 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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