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    811 W 2nd Avenue

    Chico, CA 95926
    • $1,500,000
    • STATUS: ACTIVE
    • ON SITE: 156 days
    • ID#: 302631296
    UPDATED: 217 min ago
    $1,500,000
    • 16
      BEDS
    • 0.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1984
    County:

    School Ratings & Info

    Description

    If you are looking for a great place to invest, look no further! For sale is a well established 7 unit apartment complex only a few blocks from the Chico State campus, shopping centers, restaurants and Safeway. This property has been well maintained with updated and delivers consistent solid rents with upside potential. The property consists on Six 4 bedroom 2 bath, 1500 sqft units and a single 1 bedroom 1 bath unit. Each of the townhouses include a fireplace, central heating and air, fenced back patios, If you are looking for a great place to invest, look no further! For sale is a well established 7 unit apartment complex only a few blocks from the Chico State campus, shopping centers, restaurants and Safeway. This property has been well maintained with updated and delivers consistent solid rents with upside potential. The property consists on Six 4 bedroom 2 bath, 1500 sqft units and a single 1 bedroom 1 bath unit. Each of the townhouses include a fireplace, central heating and air, fenced back patios, Coin-op onsite laundry for additional income and ample off street parking with 24 spots. Over the years this property has seen a steady increase in rents and is solid investment that cash-flows. All have leases into 2021. Currently all rented and professionally managed. All financials on file.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/108877345
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    811 W 2nd Avenue Chico, CA 95926

    • Price: $1,500,000
    • Status: ACTIVE
    • Updated: 217 min ago
    • ID#: 302631296
    16
    Beds
    0
    Baths
    0
    ½ Baths
    0.51
    Acres
    1984
    Built
    Neighborhood:
    Chico (95926)
    County:
    Butte
    Area:
    Chico (95926)
    Property Description
    If you are looking for a great place to invest, look no further! For sale is a well established 7 unit apartment complex only a few blocks from the Chico State campus, shopping centers, restaurants and Safeway. This property has been well maintained with updated and delivers consistent solid rents with upside potential. The property consists on Six 4 bedroom 2 bath, 1500 sqft units and a single 1 bedroom 1 bath unit. Each of the townhouses include a fireplace, central heating and air, fenced back patios, If you are looking for a great place to invest, look no further! For sale is a well established 7 unit apartment complex only a few blocks from the Chico State campus, shopping centers, restaurants and Safeway. This property has been well maintained with updated and delivers consistent solid rents with upside potential. The property consists on Six 4 bedroom 2 bath, 1500 sqft units and a single 1 bedroom 1 bath unit. Each of the townhouses include a fireplace, central heating and air, fenced back patios, Coin-op onsite laundry for additional income and ample off street parking with 24 spots. Over the years this property has seen a steady increase in rents and is solid investment that cash-flows. All have leases into 2021. Currently all rented and professionally managed. All financials on file.
    Exterior Features

    Pool N/K Roof Composition

    Interior Features

    Cooling Central Forced Air Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2

    Property Features

    Annual Expense Actual 37111 Buildings 2 Gross Scheduled Income Actual 120857 Home Owners Fees 0.0 Terms CashExchangeLand Contract Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1500.0 Unit2 Rent Actual 1600.0 Unit3 Rent Actual 1600.0 Unit4 Rent Actual 1500.0 Water Meter On Property Zoning City

    Listing provided courtesy of Parkway Real Estate Co.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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