983 E Lassen Avenue Chico, CA 95973

$450,000 Pending

About the Property

A gem of a triplex in north Chico featuring exclusively three bed, two bath townhouses. Each unit features a small backyard area along with a single car garage attached. Two units out of the three have had new laminate flooring installed downstairs within the last year. All bedrooms are located upstairs along with one of the bathrooms and a stackable washer/dryer. These units are rarely vacant and currently have full occupancy with 12-month leases. There are two other triplexes available in the same community (969 & 985 E. Lassen). If desired, multiple buildings can be purchased.

Property Information

Size 3,831 SqFt
Price/SqFt $117
Lot Size 0.269 Acres
Year Built 2008
Property Type Residential Income
Zoning R3
Listing Number SN18146656
Listed 5/30/2018
Modified 6/25/2018
Listing Agent Larry Ruby
Listing Office Sheraton Investment Services
Total Building 1
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
Cooling
  • Central
Garage Spaces
  • 3.00
Gross Income
  • 45600.00
Gross Scheduled Income
  • 45600.00
Heating
  • Central Furnace
Interior
  • Ceiling Fan
Levels
  • Two
Net Operating Income
  • 29827.00
Operating Expense
  • 15317.00
Parking Total
  • 6.00
Pool
  • None
StoriesTotal
  • 2
Total Expenses
  • 15317.00
Uncovered Spaces
  • 3.00
Water Source
  • Public
Community Features
  • Curbs
  • Gutters
  • Sidewalks
Flooring
  • Carpet
  • Laminate
  • Vinyl