985 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. 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 & 983 E. Lassen). If desired, multiple buildings can be purchased.

Property Information

Size 3,831 SqFt
Price/SqFt $117
Lot Size 0.206 Acres
Year Built 2008
Property Type Residential Income
Zoning R3
Listing Number SN18146669
Listed 5/30/2018
Modified 7/2/2018
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
  • 40500.00
Gross Scheduled Income
  • 40500.00
Heating
  • Central Furnace
Levels
  • Two
Net Operating Income
  • 28692.00
Operating Expense
  • 11808.00
Parking Total
  • 6.00
Pool
  • None
StoriesTotal
  • 2
Total Expenses
  • 11808.00
Uncovered Spaces
  • 3.00
Water Source
  • Public
Community Features
  • Curbs
  • Gutters
  • Sidewalks
Flooring
  • Carpet
  • Laminate
  • Vinyl