803 Normal Ave Street Chico, CA 95928
About the Property
Opportunity is knocking!! This property boasts a prime location and exceptional potential for return on investment. This 6 Bedroom, 4 Bathroom Duplex sits on the corner of W 8th St and Normal Ave, just a few blocks from Chico State University and historic Downtown Chico. The downstairs unit features 5 bedrooms, and 3 bathrooms with an indoor laundry room, and the upstairs unit features a 1 bedroom and 1 bathroom. Both units are currently occupied with potential for rent growth. There is a vacant parking lot on the south side of the property with the potential for a value-add play. It has more than enough space to build an additional dwelling unit with up to 4 bedrooms and 4 more bathrooms. With an actual capitalization rate of over 6%, this is an opportunity you do not want to miss. Reach out to your Agent today to inquire about financials and current rents.
Property Information
| Size | 2,390 SqFt |
|---|---|
| Price/SqFt | $222 |
| Lot Size | 0.2 Acres |
| Year Built | 1880 |
| Property Type | Residential Income |
| Zoning | R-P |
| Listing Number | SN23040264 |
| Listed | 3/9/2023 |
|---|---|
| Modified | 3/23/2023 |
| Listing Agent | Brent Silberbauer |
| Listing Office | eXp Realty of California, Inc. |
| Total Building | 1 |
| Total Units | 2 |
Property Features
- 2
- 1
- 2
- 1
- 5.92
- Lighting
- Wood
- None
- 0.00
- 51420.00
- 50392.00
- 51420.00
- Two
- 31293.00
- 19099.00
- 6.00
- None
- 265000
- Composition
- Public Sewer
- None
- 2
- 19099.00
- 6.00
- Public
- Central Air
- High Efficiency
- Laminate
- Tile
- Central
- High Efficiency
- Electricity
- Gas
- Cable Available
- Electricity Connected
- Neighborhood
- Trees/Woods
- Ceiling Fan(s)
- Laminate Counters
- Pantry
- Wainscoting
- Curbs
- Gutters
- Sidewalks
- Storm Drains
- Street Lights
- Dishwasher
- Free-Standing Range
- Gas Oven
- Gas Range
- Refrigerator
- Self Cleaning Oven
- Water Heater
Listed by Brent Silberbauer and Ryan Vaught of eXp Realty of California, Inc.. Listing data last updated 3/23/2023 at 6:00 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/23/2023 4:49 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.
MLS integration provided by IDX Wizards
