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3003 3031 Nord Avenue
Chico, CA 95973
Size6072 Sq Ft ($247.04/ Sq Ft)
Lot Size5 Acres
Lot Size660x300
Year Built1995
Listing TypeResidential Income
MLS Listing IDSN20194226
Published Date9/14/2020 74 days ago
Listing Modified10/22/2020 10:15:00 AM 36 days ago
Four residential units with development potential!!! This Northwest Chico property accommodates 3 detached homes with an above garage apartment. These homes are built with high-quality construction and great landscaped grounds. Their solid rental history would be an asset to any investment portfolio. Situated in the City of Chico Bell/Muir Special Planning Area, this property has a zoning overlay allowing 1-acre parcels with a maximum density of 1-unit per acre. There are 2+/- unimproved acres on the southwest side of the property that could benefit from this zoning overlay. Potential to create more detached units and/or subdivide and sell. Neighboring parcels have sold for $190,000 per acre... Read More
From Hwy 99, take East Avenue south, Right on Nord Avenue before railroad tracks, Continue on Nord for 1/2 mile, Property is on the Left
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Property Features
  • Internet Published
  • Income
  • Monthly Gross Income: $73500.00
  • Net Operating Income: $64354.00
  • Pool
  • Pool Type: None
  • Sale Type
  • Sale Type: Standard
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