Truly unique investment opportunity! The property has been updated and upgraded like no other - The owner has spared no expense in the improvement of the building recently and it is now the epitome of turn-key. All units have had new top-of-the-line TRANE central heat and air units installed, the entire building has been re-plumbed with new blue-line copper hot and cold water pipes and in addition, the hot water is now delivered via a new tankless, on-demand system… One unit has even been completely remodeled and is being rented at a premium as a fully-furnished apartment. All furnishings for this unit are even included with the sale! The stoves and ovens in all 4 units have been replaced and even the onsite laundry units have been refurbished providing the tenants with a quality facility and the owner with additional income in the process. The complex is located within easy walking distance to Chico State University as well as shopping and other conveniences, making it appealing for both students and non-students alike…Fully occupied and with solid rental history, this property is ready to add to your portfolio and to begin providing you with tremendous cash-flow from day one.
|Lot Size||0.2 Acres|
|Property Type||Residential Income|
|Listing Agent||Dan Bosch|
|Listing Office||Re/Max of Chico|
Listed by Dan Bosch of Re/Max of Chico. Listing data last updated 9/27/2020 at 12:13 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 12/23/2019 1:48 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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