920 Olive Street

    Chico, CA 95928
    • $335,000
    • STATUS: Active
    • ON SITE: 403 days
    • ID#: SN17229604
    UPDATED: 33 min ago
    $335,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,260
      SQFT
    • $148
      $/SQFT
    Type:
    Multi-Family
    Built:
    1945
    County:

    School Ratings & Info

    Description

    Affordable income property in the heart of Chico. Two separate homes on one lot with a fantastic location just minutes from highway access, downtown Chico and CSUC... Property offers a fantastic rental history and is comprised of a 4 bedroom/2 bath home currently rented for $1400 per month and a 3 bedroom/1 bath home which is rented for $1100. Live in one and rent the other? Buying now means that you can capitalize on not only the fantastic cash flow, but the potential for rent increases in the strengthening Chico market. ***Please do not disturb tenants***. Thank you!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T08:28:14.43. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/77356519

    920 Olive Street Chico, CA 95928

    • Price: $335,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: SN17229604
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    2,260
    SQFT
    $148
    $/SQFT
    1945
    Built
    County:
    Butte
    Property Description
    Affordable income property in the heart of Chico. Two separate homes on one lot with a fantastic location just minutes from highway access, downtown Chico and CSUC... Property offers a fantastic rental history and is comprised of a 4 bedroom/2 bath home currently rented for $1400 per month and a 3 bedroom/1 bath home which is rented for $1100. Live in one and rent the other? Buying now means that you can capitalize on not only the fantastic cash flow, but the potential for rent increases in the strengthening Chico market. ***Please do not disturb tenants***. Thank you!
    Exterior Features

    Garage Spaces 1.00 Lot Features 11-15 Units/Acre16-20 Units/Acre21-25 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Individual RoomInside

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalks Country Us Elevation Units Feet Gross Income 30000.00 Gross Multiplier 10.73 Gross Scheduled Income 31200.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Maintenance Expense 1200.00 Net Operating Income 30000.00 New Construction YN No New Taxes Expense 4500.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 1200.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning R3

    Listing provided courtesy of Craig Brandol of Re/Max Of Chico.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T08:28:14.43. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604