745 W 4th Avenue Chico, CA 95926
About the Property
This is the PERFECT investment opportunity! Ideal location for a rental property! 5 individual units. Located near the college, so there are ALWAYS people needing to rent. Close to Enloe Hospital. All 5 units are consistently rented with long term tenants. Any vacancy is filled in less than a week. All units have a fully fenced back yard, individual mailboxes and individual parking spaces as well as off-street parking. Insurance is current. Brings in approximately $46,000 annually. However, it is currently rented under market value so there is potential for a much higher income. (Minimal cosmetic updating in progress: touch up landscaping, new bathroom vanity in unit 4, etc)
Property Information
| Size | 3,613 SqFt |
|---|---|
| Price/SqFt | $131 |
| Lot Size | 0.64 Acres |
| Year Built | 1946 |
| Property Type | Residential Income |
| Zoning | R3/Commercial |
| Listing Number | PA20068911 |
| Listed | 4/4/2020 |
|---|---|
| Modified | 12/29/2020 |
| Listing Agent | Kasey Biccum |
| Listing Office | Cobalt Real Estate Brokers, Inc. |
| Total Building | 5 |
| Total Units | 5 |
Property Features
- 5
- 5
- 5
- Curbs
- Evaporative Cooling
- Lighting
- Wood
- 4.00
- 53000.00
- 53000.00
- Wall Furnace
- 46000.00
- 7000.00
- 4.00
- None
- Composition
- Public Sewer
- 5000.00
- Public
- Carpet
- Vinyl
- Gas Oven
- Refrigerator
- Water Heater
- Cable Available
- Sewer Connected
- Water Connected
Listed by Kasey Biccum of Cobalt Real Estate Brokers, Inc.. Listing data last updated 4/19/2024 at 1:38 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 12/29/2020 4:09 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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