445 W 8th Street Chico, CA 95928

$585,000 Active

About the Property

Amazing and rare investment or parent/student ownership opportunity. This wonderfully restored full sized ready-to-go corner-lot home’s location within convenient distance to both campus and downtown places it in THE most desired CSCU off-campus student housing location. Large fully restored quality homes like this rarely come up for sale in this prime area! This home was completely and professionally rebuilt & expanded & 100% updated to modern building codes in 2008 - including all new plumbing and electrical and HVAC systems and fixtures (including central air and gas heat), a redesigned open air kitchen (with passover bar) and adjacent dining area (opening via patio sliding doors onto the large enclosed side patio), 4 full sized bedrooms (all with large closets and ceiling fan/lights), and 3 bathrooms (2 ensuite!), an interior laundry room with utility sink (including recently replaced washer and dryer), and raised 10’-12’ ceilings throughout the home - while preserving such original 100 yr old original vintage elements as the front Victorian style façade and it’s classic covered porch (complete with custom built wood porch swing and ceiling fan), and the restored original carved solid wood Victorian ‘Eastlake’ 5-panel bedroom doors. More recent improvements include: a complete composition shingle re-roofing, the 12’x24’ attached covered carport, the huge fully enclosed and hardscaped side patio (with two 16ft redwood border benches), the all new 2 street frontage front and side grass lawns with new irrigation sprinkler system, and a brand new easy maintenance plank flooring throughout the home. This property is a must see turn key home, ready to go, ultimate investor or parent student investor property, which has a 12 year solid continuous occupancy record renting to CSCU students, last renting/leasing at $40,200/year. This rare and wonderful turn-key ready-to-go restored vintage home! Come ASAP to see for yourself, and check out the high resolution room-by-room Matterprot 3D virtual tour in the mean time!!

Property Information

Size 1,456 SqFt
Price/SqFt $402
Lot Size 0.1 Acres
Year Built 1909
Property Type Residential Income
Zoning R3
Listing Number SN21142309
Listed 7/1/2021
Modified 7/19/2021
Listing Agent Emmett Jacobi
Listing Office Century 21 Select Real Estate, Inc.
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Accessibility Features
  • 2+ Access Exits
Carport Spaces
  • 1.00
Cooling
  • Central Air
Exterior
  • Lighting
Fencing
  • Wood
Fireplace
  • None
Flooring
  • Vinyl
Garage Spaces
  • 0.00
Gross Scheduled Income
  • 40200.00
Levels
  • One
Parking Total
  • 1.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Style
  • Craftsman
Views
  • Neighborhood
Water Source
  • Public
Heating
  • Central
  • Natural Gas
Construction Materials
  • Drywall Walls
  • Lap Siding
  • Wood Siding
Appliances
  • Gas Oven
  • Gas Range
  • Refrigerator
  • Water Heater
Interior
  • Cathedral Ceiling(s)
  • Ceiling Fan(s)
  • High Ceilings
  • Pull Down Stairs to Attic
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Community Features
  • Biking
  • Sidewalks
  • Storm Drains
  • Street Lights
  • Urban