720 W 2nd Avenue Chico, CA 95926

$920,000 Closed

About the Property

Please Note: This property has been SOLD

OWNER FINANCING!! 7 UNITS WITH FULL SIZE WASHER AND DRYER. INCLUDES SEPARATE GARAGE AND OFFICE SPACE FOR ONSITE OFFICE. THREE FIVE BEDROOM UNITS AND FOUR 4BR /2BA UNITS FOR A TOTAL INCOME OF $8900.00/MONTH. SEPARATE ELECTRIC,GAS AND WATER METERS. THESE ARE VERY WELL BUILT, WELL MAINTAINED UNITS IN AN AREA CLOSE TO CAMPUS. SHOWN BY APPOINTMENT ONLY. DO NOT BOTHER TENANTS!!

Property Information

Size 11,500 SqFt
Price/SqFt $80
Lot Size 0.52 Acres
Year Built 1996
Property Type Residential Income
Listing Number CH13079275
Listed 4/30/2013
Modified 7/19/2013
Listing Agent Jim Aguilar
Listing Office Century 21 Jeffries Lydon
Total Building 2
Total Units 7

Property Features

# Electric Meters
  • 8
# Gas Meters
  • 7
# Units Leased
  • 7
# Water Meters
  • 8
Community Features
  • Urban
Cooling
  • Central Air
Fireplace
  • Living Room
Garage Spaces
  • 1.00
Gross Income
  • 9595.00
Gross Scheduled Income
  • 115140.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 74841.00
Operating Expense
  • 40299.00
Parking Total
  • 20.00
Pool
  • None
Roofing
  • Composition
Tenant Pays
  • Water
Total Actual Rent
  • 9595.00
Utilities
  • Sewer Connected
Water Source
  • Public

Price History

Date From To Change
7/19/2013 $970,000 $920,000 ($50,000)