926 Orange Street Chico, CA 95928

$455,000 Active

About the Property

Great investment property near Chico State! This property sits on .18 acre located just short ways from Chico State University and downtown. Zoned for 3-5 units based on lot size-plenty of land to expand. All three units are tenants occupied with long term leases. Two units 2features 2 large bedrooms, 1 full Bath, a large living room and Kitchen. One unit features 1 Bedroom and 1 Bath with an open living space and a kitchen. Recent update: All new Wall and Ceiling insulation, HVAC systems, flooring, and paint. Property have 3 separate meters. Additional revenue from on-site coin-operated laundry facility. Don't miss this income opportunity!! EASY TO SHOW with 24 hour notice! PLEASE DO NOT DISTURB Occupant/Tenants.

Property Information

Size 1,500 SqFt
Price/SqFt $303
Lot Size 0.18 Acres
Year Built 1999
Property Type Residential Income
Zoning M1
Listing Number SN21171322
Listed 8/4/2021
Modified 9/8/2021
Listing Agent Maya Noble
Listing Office Century 21 Select Real Estate, Inc.
Total Building 1
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Units Leased
  • 3
# Water Meters
  • 1
Cooling
  • Central Air
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 28380.00
Gross Scheduled Income
  • 28380.00
Net Operating Income
  • 25000.00
Operating Expense
  • 3000.00
Pool
  • None
Price Pe rUnit
  • 151667
Sewer
  • Public Sewer
Spa
  • None
Total Actual Rent
  • 2395.00
Total Expenses
  • 3000.00
Utilities
  • Cable Available
Water Source
  • Public
Heating
  • Central
  • Natural Gas
Community Features
  • Curbs
  • Gutters
  • Sidewalks