841 W 4th Avenue Chico, CA 95926

$234,000 Active

About the Property

Wonderful investment opportunity!! Close to Chico State University, Downtown Chico, this property is in a high rent yielding area which makes this investment a worth while one! This little cutie was remodeled extensively in 2014 with flooring, cabinets, countertops, sinks, faucets, & shower. Newly replaced roof, water heater, A/C unit and sewer hook ups were all done this year! The Main House is in front (668 sq ft) with an Art Studio 9 (350 sq ft) in the back and all are in great condition! All appliances are included in the sale. Long term tenants would like to stay. There is a nice yard surrounded by fencing in back with extra parking through the side privacy gate. Buyers are advised to investigate to their satisfaction. Any information of special interest should be obtained through independent verification.

Property Information

Size 1,018 SqFt
Price/SqFt $230
Lot Size 0.16 Acres
Year Built 1933
Property Type Residential Income
Zoning R3
Listing Number SN19191807
Listed 8/13/2019
Modified 10/18/2019
Listing Agent Lora Trenner
Listing Office Keller Williams Realty Chico Area
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Cap Rate
  • 7.00
Electric
  • 220 Volts in Laundry
Exterior
  • Awning(s)
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 21540.00
Gross Scheduled Income
  • 21540.00
Levels
  • One
Net Operating Income
  • 18227.00
Operating Expense
  • 3313.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Public Sewer
Total Expenses
  • 3313.00
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Curbs
  • Urban
Cooling
  • Wall/Window Unit(s)
  • Electric
Fencing
  • Good Condition
  • Wood
Flooring
  • Laminate
  • Vinyl
Heating
  • Wall Furnace
  • Natural Gas
Tenant Pays
  • Electricity
  • Gas
  • Water
Appliances
  • Dishwasher
  • Microwave
  • Refrigerator
  • Water Heater
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected