414 W 4th Avenue

    Chico, CA 95926
    • $328,643
    • STATUS: Active
    • ON SITE: 44 days
    • ID#: SN18132328
    UPDATED: 8 min ago
    $328,643
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,470
      SQFT
    • $224
      $/SQFT
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Very nice investment property near CSUC and Enloe Hospital. This charming main house is two bedrooms, two baths with oak floors in the family room, hall, and bedrooms. There is a detached permitted guest house with full bath. Nice backyard and tons of privacy for all tenants. Both units have tenant and yearly lease contract. Combined gross income is $2,000 per month (7% cap on your investment). My seller has had 100% occupancy for the last 8 years that he has owned it. He is doing 1031 Exchange and has already identified the replacement. Escrow has been opened with Bidwell Title & Escrow #260738-bls, Becky Schroer.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T12:30:29.243. 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/84266552

    414 W 4th Avenue Chico, CA 95926

    • Price: $328,643
    • Status: Active
    • Updated: 8 min ago
    • ID#: SN18132328
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,470
    SQFT
    $224
    $/SQFT
    1948
    Built
    County:
    Butte
    Property Description
    Very nice investment property near CSUC and Enloe Hospital. This charming main house is two bedrooms, two baths with oak floors in the family room, hall, and bedrooms. There is a detached permitted guest house with full bath. Nice backyard and tons of privacy for all tenants. Both units have tenant and yearly lease contract. Combined gross income is $2,000 per month (7% cap on your investment). My seller has had 100% occupancy for the last 8 years that he has owned it. He is doing 1031 Exchange and has already identified the replacement. Escrow has been opened with Bidwell Title & Escrow #260738-bls, Becky Schroer.
    Exterior Features

    Carport Spaces 1.00 Garage Spaces 1.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 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 Cooling Central Cooling YN Yes Fireplace Features Bonus Room Fireplace YN Yes Flooring Wood Heating Central FurnaceForced Air Heating YN Yes Laundry Features Electric Dryer HookupOutside 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 Curbs Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 250.00 Gross Income 24000.00 Gross Scheduled Income 24000.00 Insurance Expense 800.00 Land Lease YN No Laundry YN Yes Maintenance Expense 150.00 Net Operating Income 20000.00 New Taxes Expense 3600.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 4000.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Klondike Total Expenses 4000.00 Trash Expense 25.00 Water Sewer Expense 60.00 Water Source Public Year Built Source Assessor Zoning R1

    Listing provided courtesy of Paul Farsai of California Top Brokers, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T12:30:29.243. 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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