Location couldn't be better for this 5plex with amazing potential. Unit mix is made up of two 3 bedroom, 2 bath units, and three studio units. Current rents are extremely under market and property is in need of repairs and upgrades. This location, is 1 block south of Chico State and practically leases itself. With some rehab and repair this property could truly be an amazing investment. Other nearby and upgraded properties rent for $600-$700/bedroom. See attached financials for more details.
|Lot Size||0.08 Acres|
|Property Type||Residential Income|
|Listing Agent||Ryan Vaught|
|Listing Office||Ryno Company|
Listed by Ryan Vaught of Ryno Company. Listing data last updated 8/15/2018 at 7:13 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/5/2018 3:28 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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