1320 sqft | 4 beds | 2 baths | 0.26 acres | #ML81942453
Description
Two freshly updated homes for the price of one! This large 1/4 acre lot in the heart of Downtown Chico has two detached homes that present ample opportunity. The incredible location puts you at the center of the action, making these very desirable rentals and an ideal investment property. Your'e a short walk to Chico State and all the Bars + Restaurants in Historic Downtown Chico, and only 1.3 miles from Bidwell Park. New 2yr lease just signed for the main home at $3k/mo : A freshly updated 4 bed/2 bath + spacious Bonus Room. The second home is a 2 bed/2 bath, currently rented to great tenants on a 1yr lease at $1,495/mo. Total monthly rental income $4,495/mo! Plenty of parking for both units and they each have their own private yard space. Additionally, the R3 Zoning may allow for the development of additional units - buyer to verify with City of Chico Planning.
Interior Details
- Bedrooms4
- Bathrooms2
- Full Baths2
Property Details
- Acres0.26
- Square Feet1320
Construction Details
- Property TypePurchase
Condition
- Year Built1895
Material information
- FoundationConcretePerimeter, Slab
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- School DistrictChico Unified
- CountyButte
Financial Details
- Original List Price$625,000
Other
- MLS #ML81942453
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Bjorn Berg (#ML5084906)
Listing Office: eXp Realty of California Inc (#ML5009355)
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