Fantastic Opportunity to Acquire an Income Producing Multi-Family Property w/ HUGE Development Potential! This sprawling Chico compound, set on over 30,000 square feet, is the perfect opportunity for an income investor, owner-user, or Developer looking to build their next multi-family cash cow (up to 17 units under high density zoning buyer to verify w/ city)! Property consists of 4 units currently used as short-term rentals for maximum income potential, grossing $75,000+/year. ** 2915 Godman Ave: Approx. 2440 sq. ft. main residence (4 Bed/2 Bath) ** 2917 Godman Ave: Approx. 1140 sq. ft. Bungalow (3 Bed/1 Bath) ** 2919 Godman Ave: Approx. 1000 sq. ft. Bungalow (1 Bed/1 Bath) ** Studio: Approx. 650 sq. ft. Non-Conforming (1 Bed/1 Bath) ** Each unit is separately gated for privacy, metered for gas/electric, & has laundry, private yard/parking & all amenities. Abundant space for RV/Boat parking & storage. Property is minutes from major shopping, dining, entertainment areas & schools. Great income producing potential while planning your development - a unique opportunity not to be missed!
|Lot Size||0.69 Acres|
|Property Type||Residential Income|
|Listing Agent||Oliver Moussazadeh|
|Listing Office||Revilo Realty, Inc.|
Listed by Oliver Moussazadeh of Revilo Realty, Inc.. Listing data last updated 6/18/2021 at 4:27 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/18/2021 9:53 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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