845 Sequoyah Avenue Chico, CA 95926

$475,000 Closed

About the Property

Please Note: This property has been SOLD

Welcome to 837 & 845 Sequoyah - an investment opportunity for those seeking to grow their real estate portfolio! Imagine owning not one, but two income producing quadplexes (Individually listed & priced). The best part? The owner is willing to finance, making this an ideal opportunity for those who want to expand their portfolio while taking advantage of creative financing. Each quadplex features (4) 2-bedroom, 1-bath units with in-unit laundry facilities, and private yards for tenants to enjoy. 837 Sequoyah also includes a one-car garage per unit, providing extra convenience and added value for tenants. Off street parking is also provided along the frontage of the property, ensuring tenants can easily access their home. Centrally located in Chico, these quadplexes are sure to generate consistent cash flow for years to come. PLEASE DO NOT DISTURB TENANTS.

Property Information

Size 2,800 SqFt
Price/SqFt $170
Lot Size 0.32 Acres
Year Built 1963
Property Type Residential Income
Zoning SR
Listing Number SN23123052
Listed 7/11/2023
Modified 10/19/2023
Listing Agent Steve Depa
Listing Office Re/Max of Chico
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 5
# Gas Meters
  • 4
# Water Meters
  • 1
Community Features
  • Suburban
  • Wall/Window Unit(s)
Garage Spaces
  • 0.00
Gross Income
  • 2925.00
Gross Scheduled Income
  • 35100.00
  • Wall Furnace
  • One
Net Operating Income
  • 24678.00
Operating Expense
  • 10422.00
  • None
Price Pe rUnit
  • 137500
  • Public Sewer
  • 1
Total Expenses
  • 10422.00
Water Source
  • Public