937 Walnut Street Chico, CA 95928

$375,000 Active

About the Property

What could be better than owning your own “Shotgun House”? Owning a Shotgun Duplex! This style house is very simple: Long and narrow, with rooms arranged one behind the other and the front and back doors at each end of the house to let the breeze blow through. Classic early 1900's construction with 12ft ceilings upstairs and 8ft ceilings downstairs, makes this Duplex an easy to rent investment or great owner occupied opportunity. It only gets better, this R-3 lot has room for additional units. Long time owner has created many unique interior features that have kept this unit consistently rented. Post office shows address at 939 Walnut St A&B, Legal description shows 937 Walnut St.

Property Information

Size 2,256 SqFt
Price/SqFt $166
Lot Size 0.2 Acres
Year Built 1903
Property Type Residential Income
Zoning R3
Listing Number SN19132117
Listed 6/5/2019
Modified 9/23/2019
Listing Agent Steve Depa
Listing Office Re/Max of Chico
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 1
Community Features
  • Sidewalks
  • Evaporative Cooling
Garage Spaces
  • 0.00
Gross Income
  • 2690.00
Gross Scheduled Income
  • 32280.00
  • Central
  • Two
Net Operating Income
  • 26249.00
Operating Expense
  • 6031.00
Parking Total
  • 4.00
  • None
  • Public Sewer
Total Expenses
  • 6031.00
Water Source
  • Public