897 W 12th Avenue Chico, CA 95926

$315,000 Closed

About the Property

Please Note: This property has been SOLD

Great investment opportunity! Centrally located on quiet street near Enloe, City of Chico sees this as a large single family home. It is currently being rented by 3 groups of tenants. New roof in 2016, 2 central HVAC systems, 2 water heaters, 3 refrigerators, 3 stoves, and 2 dishwashers. First section is 850 sq/ft with 2 bed 1 bath; second section is 950 sq/ft with 2 bed 2 bath. Access exists between these 2 larger living areas. Attached studio is 450 sq/ft with wall heat and wall air. Perfect opportunity for a multi generational family or great cash flow! OPPORTUNITY is KNOCKING! Please DO NOT DISTURB tenants or access the property. Please contact listing agent for more information.

Property Information

Size 2,200 SqFt
Price/SqFt $143
Lot Size 0.289 Acres
Year Built 1990
Property Type Residential Income
Zoning R1
Listing Number SN17251161
Listed 11/1/2017
Modified 6/28/2018
Listing Agent Josh Burns
Listing Office Deb Sprague, Broker
Total Building 1
Total Units 3

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Units Leased
  • 3
# Water Meters
  • 1
Accessibility Features
  • Parking
Community Features
  • Suburban
Construction Materials
  • Wood Siding
Exterior
  • Rain Gutters
Garage Spaces
  • 2.00
Gross Income
  • 22841.00
Gross Scheduled Income
  • 32700.00
Levels
  • One
Net Operating Income
  • 22841.00
Operating Expense
  • 9859.00
Other Structures
  • Shed(s)
Parking Total
  • 6.00
Pool
  • None
Roofing
  • Composition
StoriesTotal
  • 1
Style
  • Ranch
Total Actual Rent
  • 2725.00
Total Expenses
  • 9859.00
Uncovered Spaces
  • 4.00
Views
  • Neighborhood
Water Source
  • Public
Cooling
  • Central
  • Wall Window
Fencing
  • Chain Link
  • Wood
Fireplace
  • Living Room
  • Wood
Flooring
  • Carpet
  • Tile
Heating
  • Central Furnace
  • Wall Heater
Interior
  • Ceiling Fan
  • Laminate Counters
Utilities
  • Cable Available
  • Sewer Connected
  • Water Connected
Appliances
  • Dishwasher
  • Electric Stove
  • Refrigerator
  • Water Heater Unit