812 W 1st Street Chico, CA 95928
About the Property
This college rental is an exceptional opportunity that offers a lucrative investment for any potential buyer. With its proximity to Chico State University, this property is in a prime location and has a solid rental history, generating an impressive $49,500 in gross scheduled income. The property has been well-maintained over the years, making it a turnkey investment option for anyone looking to add to their portfolio. The property is fully occupied, ensuring a steady stream of rental income for the new owner. The property consists of four units in total, with two located on the upper level and two on the lower level, each featuring two bedrooms and one bathroom. Off-street parking is available in the back, adding convenience and security for tenants. With all these features, this college rental is a must-see investment opportunity!
Property Information
| Size | 3,016 SqFt |
|---|---|
| Price/SqFt | $232 |
| Lot Size | 0.17 Acres |
| Year Built | 1905 |
| Property Type | Residential Income |
| Zoning | R3 |
| Listing Number | SN23035167 |
| Listed | 2/21/2023 |
|---|---|
| Modified | 5/18/2023 |
| Listing Agent | Lisa Bristow |
| Listing Office | Keller Williams Realty Chico Area |
| Total Building | 1 |
| Total Units | 4 |
Property Features
- 4
- 4
- 4
- 1
- None
- 0.00
- 48215.00
- 49500.00
- Two
- 30370.00
- 17844.00
- Shed(s)
- 6.00
- None
- 174750
- Composition
- Public Sewer
- Bungalow
- 4125.00
- 6.00
- Neighborhood
- Public
- Concrete
- Tile
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Biking
- Curbs
- Gutters
- Sidewalks
- Street Lights
- Urban
Listed by Lisa Bristow of Keller Williams Realty Chico Area. Listing data last updated 6/4/2023 at 6:35 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/18/2023 9:33 AM. 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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