324 W 12th Avenue Chico, CA 95926

$679,000 Pending
  • Duplex in front, house in back Duplex in front, house in back
  • Duplex in front, house in back
  • Shared driveway, lots of parking
  • Duplex, units A & B
  • Unit A Living room
  • Unit A kitchen
  • Unit A laundry in kitchen/dryer outside on porch
  • Unit A bedroom 1
  • Unit A hall
  • Unit A bathroom
  • Unit A bedroom 2
  • Unit A outside space
  • Unit B living room
  • Unit B kitchen
  • Unit B laundry in kitchen / Dryer outside on porch
  • Unit B Hall
  • Unit B bedroom 1
  • Unit B bathroom
  • Unit B bedroom 2
  • Unit B outside space
  • Unit C side yard
  • Unit C entry
  • Unit C 1 car garage
  • Unbit C living room
  • Unit C dining area
  • Unit C kitchen
  • Unit C laundry in kitchen area
  • Unit C hall
  • Unit C bedroom 1
  • Unit C bedroom 2
  • Unit C bathroom
  • Unit C bedroom 3
  • Unit C outside space
  • Unit C outside space
  • Back of property
  • Shed in back
  • Deep lot
  • Shed in back
  • Shared driveway, lots of parking

About the Property

Turn key investment! Huge 1 acre lot in town with a duplex in the front of the property that has two 2 bed 1 bath units and another building that is a 3 bed 1 bath. The units have been renovated between 2014-2021. Renovations include all new roofs, HVAC units, dual pane windows, front and rear entry doors and lighting, exterior and interior paint, water heaters in units B and C, grounded electrical in units A & B, new kitchen cabinets, appliances, countertops, sinks and faucets, new kitchen flooring in units A & B, replaced all tub/shower areas and installed new tile, new toilets, bathroom floors, new cabinets, sinks, faucets and mirrors, the existing hardwood flooring was refinished... the list goes on and on. Each unit has a washer and a dryer, private outside area, and tons of parking. Live in one and rent out the others, or rent them all out. Great rental income. Development potential. There is lots of room in the back of the property for the potential of infill building. Take a look at the Matterport virtual tours of the units to get a feel for the layout.

Property Information

Size 2,460 SqFt
Price/SqFt $276
Lot Size 1 Acres
Year Built 1958
Property Type Residential Income
Zoning SR
Listing Number SN21129888
Listed 6/15/2021
Modified 6/25/2021
Listing Agent Emmett Jacobi
Listing Office Century 21 Select Real Estate, Inc.
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Water Meters
  • 1
Accessibility Features
  • 2+ Access Exits
Community Features
  • Biking
Cooling
  • Central Air
Exterior
  • Barbecue Private
Fireplace
  • Living Room
Garage Spaces
  • 1.00
Gross Income
  • 48924.00
Gross Scheduled Income
  • 48924.00
Levels
  • One
Net Operating Income
  • 34584.00
Operating Expense
  • 14340.00
Other Structures
  • Outbuilding
Parking Total
  • 13.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Conventional Septic
Spa
  • None
StoriesTotal
  • 1
Style
  • Ranch
Total Expenses
  • 14340.00
Uncovered Spaces
  • 12.00
Views
  • Neighborhood
Water Source
  • Public
Appliances
  • Gas Cooktop
  • Water Heater
Construction Materials
  • Lap Siding
  • Wood Siding
Heating
  • Central
  • Natural Gas
Flooring
  • Laminate
  • Vinyl
  • Wood
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Water Connected