836 Wall Street Chico, CA 95928

$950,000 Active

About the Property

Prime downtown Chico income property with four - (4)bedroom units consisting of 2 duplexes and a vacant corner lot with development opportunity. This listing is comprised of 2 parcels being sold together. 828 and 828 1/2 Wall St. is a duplex on one parcel, and 836 and 836 1/2 Wall St. plus the vacant corner lot are on the second and larger parcel. The addresses for the vacant lot will be on 9th St. and per the City of Chico are zoned C1, commercial mixed use including retail, residential, commercial and office. The 2 residential duplexes are very similar and have a strong rental history. Each unit consists of 4 bedrooms and 1 bath large living room and kitchen, with laundry in 3 of the units, and high ceilings and porches in the upstairs units.

Property Information

Size 5,736 SqFt
Price/SqFt $166
Lot Size 0.425 Acres
Year Built 1918
Property Type Residential Income
Zoning C1
Listing Number SN19003825
Listed 12/16/2018
Modified 9/19/2019
Listing Agent Belle Fricke
Listing Office Parkway Real Estate Co.
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
# Units Leased
  • 4
# Water Meters
  • 2
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 70800.00
Gross Scheduled Income
  • 70800.00
Levels
  • Two
Net Operating Income
  • 53056.00
Operating Expense
  • 17744.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Total Actual Rent
  • 5500.00
Total Expenses
  • 17744.00
Water Source
  • Public
Appliances
  • Gas Range
  • Refrigerator
Community Features
  • Curbs
  • Sidewalks
Fencing
  • Chain Link
  • Partial
Heating
  • Wall Furnace
  • Natural Gas
Interior
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Laminate Counters
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
  • Telephone
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Flooring
  • Carpet
  • Concrete
  • Laminate
  • Tile
  • Vinyl