2568 Esplanade

    Chico, CA 95973
    • $385,000
    • STATUS: Active
    • ON SITE: 327 days
    • ID#: CH17217927
    UPDATED: 81 min ago
    $385,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,360
      SQFT
    • $115
      $/SQFT
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    BACK ON THE MARKET! Panama Springs is a six unit multi unit featuring four studios, one one bedroom unit and one three bedroom that currently serves as the residence/office for the on site manager. Also included is a spacious laundry room with washer and dryer included inside. This property rarely sees turnover as most all residents have been very long term. Property is easily visible from the Esplanade and near shopping and restaurants. In addition to the six units at 2568 Esplanade there is the option to purchase the neighboring 13 unit property, 155 Panama Avenue. Together these two lots make an L shape behind the commercial building on the corner of Esplanade and Panama.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T00:28:38.52. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/76997752

    2568 Esplanade Chico, CA 95973

    • Price: $385,000
    • Status: Active
    • Updated: 81 min ago
    • ID#: CH17217927
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,360
    SQFT
    $115
    $/SQFT
    1950
    Built
    County:
    Butte
    Property Description
    BACK ON THE MARKET! Panama Springs is a six unit multi unit featuring four studios, one one bedroom unit and one three bedroom that currently serves as the residence/office for the on site manager. Also included is a spacious laundry room with washer and dryer included inside. This property rarely sees turnover as most all residents have been very long term. Property is easily visible from the Esplanade and near shopping and restaurants. In addition to the six units at 2568 Esplanade there is the option to purchase the neighboring 13 unit property, 155 Panama Avenue. Together these two lots make an L shape behind the commercial building on the corner of Esplanade and Panama.
    Exterior Features

    Carport Spaces 0.00 Entry Level 1 Garage Spaces 0.00 Lot Features Garden Lot Size Source Assessor Lot Size Units Square Feet Parking Features Off StreetParking SpacePrivateUnassignedUncovered Parking Total 1.00 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 Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances FreezerGas OvenGas RangeGas Water HeaterRange/Stove Hood Appliances YN Yes 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 2+ Common Walls Cooling Wall WindowElectric Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetVinyl Heating Wall HeaterNatural Gas Heating YN Yes Interior Features Ceiling Fan Laundry Features CommunityDryer IncludedWasher Included Levels One Room Type All Bedrooms Down

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalks Country Us Electric Expense 2341.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 47400.00 Gross Scheduled Income 47400.00 Insurance Expense 700.00 Land Lease YN No Laundry YN Yes Maintenance Expense 7097.00 Net Operating Income 31550.00 New Taxes Expense 3300.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 6 Number Wall AC 6 Number With Carpet 6 Number With Dishwasher 0 Number With Disposal 0 Number With Range 6 Number With Refrigerator 6 Operating Expense 15850.00 Professional Management Expense 0.00 Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector Senior Community YN No Sewer Conventional Septic Special Listing Conditions Standard Tenant Pays Cable Tv Total Actual Rent 3950.00 Total Expenses 15850.00 Trash Expense 670.00 Utilities Cable AvailablePhone AvailableWater Connected Water Sewer Expense 1742.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Larry Ruby of Sheraton Investment Services.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T00:28:38.52. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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