954 Kovak Court Chico, CA 95973

$700,000 Active Under Contract

About the Property

Great opportunity to own this well maintained triplex. Perfectly placed in a cul-de-sac in North Chico. This triplex has two, 2 bedroom 2 bathroom units. The third unit is 3 bedroom 2 bathroom. All units currently have tenants for immediate monthly cash flow. Each unit has its own 2 car garage, inside laundry, dishwasher and private patio/backyard. Planned Parenthood also rents a part of the land for parking and pays $250 a month. Water pipes were recently replaced. Attic has been updated foam insulation. Don't miss out on this golden opportunity!

Property Information

Size 3,651 SqFt
Price/SqFt $192
Lot Size 0.49 Acres
Year Built 1977
Property Type Residential Income
Zoning R3
Listing Number SN24127496
Listed 6/20/2024
Modified 10/5/2024
Listing Agent Steve Valencia Jr.
Listing Office Chico Discount Realty
Total Building 1
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Water Meters
  • 3
Accessibility Features
  • Parking
Cooling
  • Central Air
Electric
  • Electricity - On Property
Exterior
  • Rain Gutters
Fencing
  • Wood
Fireplace
  • Wood Burning
Garage Spaces
  • 6.00
Gross Income
  • 39737.00
Gross Scheduled Income
  • 39737.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 26652.00
Operating Expense
  • 13085.00
Parking Total
  • 6.00
Pool
  • None
Price Pe rUnit
  • 233333
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Tenant Pays
  • All Utilities
Total Expenses
  • 13085.00
Water Source
  • Public
Style
  • See Remarks
  • Traditional
Flooring
  • Carpet
  • Laminate
  • Tile
Views
  • City Lights
  • Neighborhood
  • Trees/Woods
Utilities
  • Electricity Connected
  • Sewer Available
  • Sewer Connected
  • Water Available
  • Water Connected
Appliances
  • Built-In Range
  • Dishwasher
  • Electric Oven
  • Electric Range
  • Electric Cooktop
  • Disposal
Community Features
  • Biking
  • Dog Park
  • Fishing
  • Foothills
  • Golf
  • Hiking
  • Gutters
  • Lake
  • Horse Trails
  • Park
  • Sidewalks
  • Street Lights