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$1,295,000
377 E 7th Avenue
Chico, CA 95926
Size2861 Sq Ft ($452.64/ Sq Ft)
Lot Size0.21 Acres
Year Built1963
Listing TypeResidential Income
ZoningR1
MLS Listing IDSN22134807
Published Date6/21/2022 165 days ago
Listing Modified9/26/2022 2:15:00 PM 68 days ago
Updated, clean and fully occupied 5 units in the heart of Chico, CA. This property consists of a 4 unit building consisting of all 1 bedroom units and a newly constructed detached 2 bedroom house. Combined income of all units is over $9300/month. One of the one bedroom units is a fully furnished short term rental unit with several years of documented income averaging $3000/month. The unfurnished 1 bedrooms are approx $1400/mo and the 2 bedroom house is leased for over 2K/month. All leases are month to month. This property is professionally managed and management is willing to stay on if desired. Additionally a private first mortgage is assumable for 450K at 5% for 20 years if desired. See virtual tour and included document package.
E 7th Ave between esplanade and mangrove
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  • Internet Published
  • Income
  • Monthly Gross Income: $112140.00
  • Net Operating Income: $77612.00
  • Pool
  • Pool Type: None
  • Sale Type
  • Sale Type: Standard
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