Prime Investment Property with Development Potential for more units! This property is located Close to Chico State, downtown and shopping. The current home offers a 4 bedroom 1 and 1/2 baths with hardwood floors, updated bathrooms, a large backyard, open floor plan and indoor laundry. It's currently rented at $2,300 per month with new tenants on a 1 year lease. This lot has the potential for additional units to be built. The seller has plans drawn for a triplex to be built on the back portion of the lot consisting of Three, Two story, 2 bedroom 2 bath units to maximize your ROI. Current home includes leased solar from Tesla to lower your tenants utility costs. This property is a great investment with the ability to expand!! Click on the 3D tour to see this home.
|Lot Size||0.19 Acres|
|Property Type||Residential Income|
|Listing Agent||Rick Sufuentes|
|Listing Office||Parkway Real Estate Co.|
Listed by Rick Sufuentes of Parkway Real Estate Co.. Listing data last updated 10/27/2020 at 8:28 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/8/2020 4:50 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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