848 W 1st Street Chico, CA 95928

$1,800,000 Active

About the Property

Location doesn't get any better than this. Right across the street from the Wildcat Recreation Center and campus. All units are four bedroom two bath with garages. Complete remodel in 2016, which includes flooring, cabinets, HVAC units, plumbing and light fixtures, windows, doors, counter tops, roof, siding, insulation EVERYTHING. Each unit comes with stainless steel appliances and granite countertops. Units are already rented for the next school year with a long waiting list. Location and quality of the units set these apart from everything else.

Property Information

Size 5,300 SqFt
Price/SqFt $340
Lot Size 0.17 Acres
Year Built 1994
Property Type Residential Income
Zoning R3
Listing Number SN19117299
Listed 5/20/2019
Modified 9/4/2019
Listing Agent Jim Aguilar
Listing Office Century 21 Select Real Estate, Inc.
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 5
# Gas Meters
  • 5
# Units Leased
  • 4
# Water Meters
  • 5
Exterior
  • Rain Gutters
Fireplace
  • None
Garage Spaces
  • 10.00
Gross Income
  • 136320.00
Gross Scheduled Income
  • 136320.00
Levels
  • Two
Net Operating Income
  • 112819.00
Operating Expense
  • 23501.00
Parking Total
  • 10.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Style
  • Custom Built
Total Actual Rent
  • 136320.00
Total Expenses
  • 23501.00
Views
  • Neighborhood
Water Source
  • Public
Fencing
  • Good Condition
  • Wood
Flooring
  • Carpet
  • Laminate
Interior
  • Ceiling Fan(s)
  • Granite Counters
Heating
  • Central
  • Natural Gas
  • High Efficiency
Community Features
  • Curbs
  • Gutters
  • Sidewalks
  • Street Lights
  • Urban
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
  • Sewer
  • Telephone
  • Water