709 W 2nd Street Chico, CA 95928

$595,000 Active

About the Property

This one is as good as it gets when it comes to having a prime location for an investment property! Great 5 bedroom home that is only 2 blocks to Chico State University and within easy walking distance to everything that your student-tenants could possibly want. The property is well maintained inside and out and offers low maintenance landscaping as well as newer exterior paint, roof and laminate flooring... Properties in this area are ALWAYS in demand for those students that want to live right in the heart of it all. Currently fully occupied on an annual lease that runs through the end of the 2024-2025 school year - it is ready for a buyer to step in and begin collecting cash flow from day one of ownership.

Property Information

Size 1,534 SqFt
Price/SqFt $388
Lot Size 0.2 Acres
Year Built 1895
Property Type Residential Income
Zoning R3
Listing Number SN24178503
Listed 8/28/2024
Modified 8/29/2024
Listing Agent Dan Bosch
Listing Office Re/Max of Chico
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Cooling
  • Central Air
Garage Spaces
  • 0.00
Gross Income
  • 48000.00
Gross Scheduled Income
  • 48000.00
Heating
  • Central
Levels
  • One
Pool
  • None
Price Pe rUnit
  • 595000
Senior Community
  • Yes
Sewer
  • Public Sewer
StoriesTotal
  • 1
Water Source
  • Public
Community Features
  • Curbs
  • Gutters
  • Sidewalks
  • Storm Drains
  • Street Lights