812 W 1st Street Chico, CA 95928

$725,000 Pending

About the Property

Talk about location! This is an amazing opportunity to own this college rental that has solid rental history currently producing $48,900 in gross scheduled income. Chico State University is right at the front door. This property has been well maintained over the years and is turn key and fully occupied. There are four units total, two upstairs and two downstairs, all 2 bedroom and 1 bathroom. There is off street parking in the back and a storage shed.

Property Information

Size 3,016 SqFt
Price/SqFt $240
Lot Size 0.17 Acres
Year Built 1905
Property Type Residential Income
Zoning R3
Listing Number SN21192271
Listed 9/1/2021
Modified 9/10/2021
Listing Agent Emmett Jacobi
Listing Office Century 21 Select Real Estate, Inc.
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
# Water Meters
  • 1
Carport Spaces
  • 0.00
Construction Materials
  • Wood Siding
Cooling
  • Evaporative Cooling
Fencing
  • Chain Link
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 48900.00
Gross Scheduled Income
  • 48900.00
Heating
  • Wall Furnace
Levels
  • Two
Other Structures
  • Workshop
Pool
  • None
Price Pe rUnit
  • 181250
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Tenant Pays
  • Electricity
Views
  • Neighborhood
Water Source
  • Public
Accessibility Features
  • 2+ Access Exits
  • Parking
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Community Features
  • Biking
  • Curbs
  • Gutters
  • Sidewalks
  • Street Lights
  • Urban