735 Pine Street Chico, CA 95928

$399,500 Active

About the Property

This is the cash flowing asset you’ve been waiting for! Great central location, near downtown, restaurants, shopping and minutes from Bidwell Park. Property is on city services, occupants pay for water, garbage, pge usage. Separate gas & electric & water meters. Property has alley access, downstairs has a small yard and upstairs has a covered balcony. Do not let this opportunity pass you by!

Property Information

Size 2,020 SqFt
Price/SqFt $198
Lot Size 0.04 Acres
Year Built 1925
Property Type Residential Income
Zoning RD-1
Listing Number SN23046331
Listed 3/21/2023
Modified 5/17/2023
Listing Agent Eric Stofa
Listing Office Coldwell Banker C&C Properties
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 1
Construction Materials
  • Stucco
Cooling
  • Wall/Window Unit(s)
Electric
  • Standard
Fencing
  • Wood
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 1200.00
Gross Scheduled Income
  • 43200.00
Heating
  • Natural Gas
Interior
  • Built-in Features
Levels
  • Two
Net Operating Income
  • 36267.00
Operating Expense
  • 6933.00
Pool
  • None
Price Pe rUnit
  • 199750
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Total Expenses
  • 6933.00
Water Source
  • Public
Appliances
  • Gas Range
  • Refrigerator
Flooring
  • Carpet
  • Laminate
  • Tile
Community Features
  • Biking
  • Hiking
  • Park
  • Sidewalks
  • Street Lights
Utilities
  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Tenant Pays
  • Electricity
  • Grounds Care
  • Gas
  • Other
  • Trash Collection
  • Water