837 W 2nd Avenue Chico, CA 95926

$495,000 Active

About the Property

Great investment property or you can live in the main home and rent out the other two. This triplex consists of two townhouse style 3 bedroom 1.5 bath units with private laundry, central heat and air, private yards and off street parking. The front house which is a 2 bedroom 1 bath home has a private fenced in yard, a one car garage with private laundry and has been updated. Pictures are of unit A and B. Roofs have been updated and most windows have been updated to dual pane. Great Rental history and conveniently located close to Chico State and Enloe Hospital. All units are fully leased for the next school year. Rents have been increased to Front house $1210; Unit #B $1094; Unit #C $1072. Gross rents for next year are $3376.00 monthly and ($40,512 annually).

Property Information

Size 3,018 SqFt
Price/SqFt $164
Lot Size 0.19 Acres
Year Built 1961
Property Type Residential Income
Zoning R3
Listing Number SN19088128
Listed 4/21/2019
Modified 6/28/2019
Listing Agent John Barroso
Listing Office Parkway Real Estate Co.
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Units Leased
  • 3
# Water Meters
  • 1
Cooling
  • Central Air
Garage Spaces
  • 1.00
Gross Income
  • 36840.00
Gross Scheduled Income
  • 36840.00
Heating
  • Central
Levels
  • One
Parking Total
  • 1.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 1
Utilities
  • Sewer Connected
Water Source
  • Public
Community Features
  • Curbs
  • Sidewalks