943 Ivy Street Chico, CA 95928

$449,500 Pending

About the Property

Great location for this college rental. Property has two separate buildings consisting of a 3 bedroom 2 bath house and a 2 bedroom 1 bath. Smaller house is believed to have been built in the 1970's. Front house rents for $2,050/month and the back house rents for $1,200/month.

Property Information

Size 1,913 SqFt
Price/SqFt $235
Lot Size 0.2 Acres
Year Built 1912
Property Type Residential Income
Listing Number SN19068477
Listed 3/27/2019
Modified 4/17/2019
Listing Agent Dennis Deromedi
Listing Office Deromedi and Associates Real
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 1
Garage Spaces
  • 0.00
Gross Income
  • 39000.00
Gross Scheduled Income
  • 39000.00
Levels
  • One
Net Operating Income
  • 23426.00
Operating Expense
  • 15574.00
Pool
  • None
Sewer
  • Public Sewer
Total Expenses
  • 15574.00
Water Source
  • Public
Community Features
  • Sidewalks
  • Urban
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
  • Trash Collection
  • Water