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1501 W 3rd Street

Chico, CA 95928
  • $799,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: SN23165776
$799,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1975
County:

School Ratings & Info

Listing Agent(s): Matt Depa of Re/Max Of Chico (530-896-9300) and Steve Depa of ()


Description

Your Dream Investment Awaits: Meet the Multi-Unit Marvel Near Chico State! Hello Investors and Real Estate Enthusiasts! Allow me to introduce myself. I'm a charming multi-unit residential property positioned perfectly near Chico State University and the bustling downtown scene, but I'm not just a property; I'm your next portfolio game-changer. I offer four unique units for diverse income; My Front House (Unit #1) is a spacious 5-bedroom, 2-bathroom haven, perfect for roommates who want to balance study and play With a more intimate 2-bedroom, 2-bath (unit #2) in the lower level. Unit #3 is a freestanding cottage featuring 3 bedrooms and 2 baths, this little gem offers a private fenced yard. Last but not, Unit #4 My 4-bedroom, 2-bath unit, which blends comfort and convenience, rounding out the quartet beautifully. Parking? Plenty! Say goodbye to the parking hunt. I offer ample off-street spots for cars, bikes, and scooters alike. Bonus Cash Flow? My Coin-Op laundry room does more than clean clothesit adds to your income stream. Think of it as a mini-business within your investment. With a gross annual income of $75,600 and leases already set for the school year, Im not just attractiveI make financial sense. I'm a turnkey operation, ready to add significant numbers to your bottom line. Come see for yourself why students love living here and why you'll love owning me! Call Your Realtor Today! I'm ready to meet youare you ready to meet your next great investment?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. 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 or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/143132615
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1501 W 3rd Street Chico, CA 95928

  • Price: $799,000
  • Status: Active
  • On Site: 17 Days
  • ID#: SN23165776
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1975
Built
County:
Butte
Property Description
Your Dream Investment Awaits: Meet the Multi-Unit Marvel Near Chico State! Hello Investors and Real Estate Enthusiasts! Allow me to introduce myself. I'm a charming multi-unit residential property positioned perfectly near Chico State University and the bustling downtown scene, but I'm not just a property; I'm your next portfolio game-changer. I offer four unique units for diverse income; My Front House (Unit #1) is a spacious 5-bedroom, 2-bathroom haven, perfect for roommates who want to balance study and play With a more intimate 2-bedroom, 2-bath (unit #2) in the lower level. Unit #3 is a freestanding cottage featuring 3 bedrooms and 2 baths, this little gem offers a private fenced yard. Last but not, Unit #4 My 4-bedroom, 2-bath unit, which blends comfort and convenience, rounding out the quartet beautifully. Parking? Plenty! Say goodbye to the parking hunt. I offer ample off-street spots for cars, bikes, and scooters alike. Bonus Cash Flow? My Coin-Op laundry room does more than clean clothesit adds to your income stream. Think of it as a mini-business within your investment. With a gross annual income of $75,600 and leases already set for the school year, Im not just attractiveI make financial sense. I'm a turnkey operation, ready to add significant numbers to your bottom line. Come see for yourself why students love living here and why you'll love owning me! Call Your Realtor Today! I'm ready to meet youare you ready to meet your next great investment?
Exterior Features

Entry Level 1 Entry Location Front Lot Features Back Yard Number Of Separate Electric Meters 5 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Cooling Evaporative CoolingWall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 236 Fuel Expense 0 Garage YN No Gross Income 6300 Gross Scheduled Income 75600 Insurance Expense 1500 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 59454 New Construction YN No New Taxes Expense 8988 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 16146 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 2057 Water Sewer Expense 3365 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. 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 or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Matt Depa of Re/Max Of Chico (530-896-9300) and Steve Depa of ()