632 Walnut Street Chico, CA 95928

$650,000 Active

About the Property

Four Plex between 6th and 7th on Walnut St. Each unit has Washer, Dryer, Central HVAC, Garbage Disposal, Refrigerator. and on City Sewer. 2 parking spaces per unit. 2 AC units have been replaced. Roof is 1 year old. All tenants are month to month with 2 tenants having over 5 year history, 1 Tenant 4 year history and 1 tenant 1 year history. This is a low maintenance property and shows pride of ownership. The property offers plenty of shade in the summer with a nice common lawn area for recreation. This property qualifies for SFR 1-4 financing.

Property Information

Size 3,074 SqFt
Price/SqFt $211
Lot Size 0.2 Acres
Year Built 1991
Property Type Residential Income
Zoning C2
Listing Number SN20217686
Listed 10/14/2020
Modified 10/15/2020
Listing Agent John Wallace
Listing Office Century 21 Select Real Estate, Inc.
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
# Water Meters
  • 1
Cooling
  • Central Air
Fireplace
  • Kitchen
Garage Spaces
  • 0.00
Gross Income
  • 45600.00
Gross Scheduled Income
  • 45600.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 32735.00
Operating Expense
  • 12865.00
Parking Total
  • 8.00
Pool
  • None
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Style
  • Contemporary
Total Expenses
  • 12865.00
Uncovered Spaces
  • 8.00
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Sidewalks
  • Street Lights
Construction Materials
  • Frame
  • Wood Siding
Fencing
  • Needs Repair
  • Wood
Flooring
  • Carpet
  • Vinyl
Appliances
  • Dishwasher
  • Disposal
  • Refrigerator
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
Utilities
  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Water Connected