2166 Shoshone Avenue

    Chico, CA 95926
    • $1,500,000
    • STATUS: Closed
    • ON SITE: 147 days
    • ID#: SN18120655
    Sold - 08/31/2018
    $1,500,000
    SOLD - 08/31/2018
    • 0
      BEDS
    • 1.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,120
      SQFT
    • $135
      $/SQFT
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    This complex consists of seven duplex's with 14-2 bedroom one bath units on four lots. They were just hooked up to the city sewer. All but one roof has been replaced over the past few years, rents are well below market. There are 3 buildings on Algonquin Ave and 3 buildings on Shoshone and 1 on W 12th. This sale will be contingent upon Seller being able to complete a 1031 Exchange, the Seller has his replacement property in contract.

    Sold by David Bronson of People's Choice Brokers.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-17T00:31:12.133. 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.playavistaliving.com/homes/83852497

    2166 Shoshone Avenue Chico, CA 95926

    • Price: $1,500,000
    • Status: Closed
    • Updated: 87 min ago
    • ID#: SN18120655
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.5
    Acres
    11,120
    SQFT
    $135
    $/SQFT
    1973
    Built
    County:
    Butte
    Property Description
    This complex consists of seven duplex's with 14-2 bedroom one bath units on four lots. They were just hooked up to the city sewer. All but one roof has been replaced over the past few years, rents are well below market. There are 3 buildings on Algonquin Ave and 3 buildings on Shoshone and 1 on W 12th. This sale will be contingent upon Seller being able to complete a 1031 Exchange, the Seller has his replacement property in contract.
    Exterior Features

    Carport Spaces 14.00 Fence YN Yes Fencing Wood Garage Spaces 0.00 Lot Features Landscaped Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport AttachedDriveway Parking Total 14.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition

    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 1 Common Wall Cooling Central Cooling YN Yes Heating Central Furnace Heating YN Yes Laundry Features Electric Dryer HookupWasher Hookup Levels One

    Property Features

    Additional Parcels Description 003592020003592021003592022 Additional Parcels YN Yes Building Area Units Square Feet Community Features Urban Country Us Electric Expense 4726.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 124318.00 Gross Scheduled Income 124318.00 Insurance Expense 5675.00 Land Lease YN No Laundry YN Yes Net Operating Income 66119.00 New Taxes Expense 19000.00 Number Of Separate Electric Meters 17 Number Of Separate Gas Meters 14 Number Of Separate Water Meters 7 Number Of Units Leased 14 Operating Expense 58199.00 Pest Control Expense 2365.00 Professional Management Expense 0.00 Property Sub Type Duplex Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Actual Rent 10350.00 Total Expenses 42177.00 Trash Expense 3322.00 Utilities Sewer Connected Water Sewer Expense 7089.00 Water Source Public Year Built Source Assessor Zoning R1

    Listing provided courtesy of Bill Chance of Bill Chance Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-17T00:31:12.133. 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.
     
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