925 Chestnut Street Chico, CA 95928

$1,095,000 Active

About the Property

This older home underwent a major renovation in 2013/2014 & now it’s ready to generate income for you! Now converted it into a duplex; with a 4 bedroom, 2 bath unit and a 5 bedroom, 2 bath, with an additional oversized studio that was also remodeled. All units have their have their own laundry facilities. Full basement provides additional storage units for the tenants. Off street parking available in the front and rear of the house via the alley. Call for more info today! Currently leased until 5/30/2022. PLEASE DO NOT DISTURB OCCUPANTS.

Property Information

Size 3,104 SqFt
Price/SqFt $353
Lot Size 0.21 Acres
Year Built 1947
Property Type Residential Income
Zoning R3
Listing Number SN21177990
Listed 8/13/2021
Modified 8/17/2021
Listing Agent Matt Depa
Listing Office Re/Max of Chico
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Central Air
Garage Spaces
  • 0.00
Gross Income
  • 6475.00
Gross Scheduled Income
  • 77700.00
Heating
  • Central
Net Operating Income
  • 59171.00
Operating Expense
  • 18529.00
Pool
  • None
Price Pe rUnit
  • 365000
Sewer
  • Public Sewer
Total Expenses
  • 18529.00
Water Source
  • Public