739 W 1st Avenue Chico, CA 95926

$550,000 Closed

About the Property

Please Note: This property has been SOLD

Great investment near CSUC with easy commute to downtown restaurants and shopping! This five unit complex features a 4-plex of 2 bedroom/1 bath units, with an additional 3 bedroom/1 bath unit. Call to add this property to your portfolio today!

Property Information

Size 4,144 SqFt
Price/SqFt $133
Lot Size 0.19 Acres
Year Built 1965
Property Type Residential Income
Zoning R3
Listing Number SN21123386
Listed 6/8/2021
Modified 3/8/2022
Listing Agent Steve Depa
Listing Office Re/Max of Chico
Total Building 2
Total Units 5

Property Features

# Electric Meters
  • 6
# Gas Meters
  • 5
# Water Meters
  • 1
Community Features
  • Urban
Garage Spaces
  • 0.00
Gross Income
  • 3972.00
Gross Scheduled Income
  • 47664.00
Levels
  • Two
Net Operating Income
  • 32226.00
Operating Expense
  • 15438.00
Pool
  • None
Price Pe rUnit
  • 119800
Sewer
  • Conventional Septic
StoriesTotal
  • 2
Total Expenses
  • 15438.00
Water Source
  • Public