647 W 8th Street Chico, CA 95928

$439,000 Active

About the Property

Nice duplex located 5 blocks from Chico State in the South Campus neighborhood. Always rented with huge tenant demand. Property features private yard plus off-street parking. Upstairs unit has 3 bedrooms 1 bath, and the downstairs unit has 3 bedrooms 1 bath. Each unit has its own laundry hookups. Gross monthly rents are $3,250. Monthly operating expenses are low. See associated documents for cash flow spreadsheet.

Property Information

Size 2,500 SqFt
Price/SqFt $176
Lot Size 0.11 Acres
Year Built 1920
Property Type Residential Income
Zoning R3
Listing Number SN19182727
Listed 8/1/2019
Modified 8/18/2019
Listing Agent Mike McCrady
Listing Office Michael McCrady, Broker
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Cooling
  • Wall/Window Unit(s)
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 29973.00
Gross Scheduled Income
  • 39000.00
Heating
  • Wall Furnace
Levels
  • Two
Net Operating Income
  • 29973.00
Operating Expense
  • 9027.00
Pool
  • None
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Expenses
  • 9027.00
Water Source
  • Public
Community Features
  • Curbs
  • Sidewalks
  • Street Lights