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286 E 8th Avenue

Chico, CA 95926
  • $649,000
  • STATUS: Active Under Contract
  • ON SITE: 55 Days
  • ID#: SN22091245
Under Contract
UPDATED: 31 min ago
$649,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

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


Description

Irresistible investment opportunity! In a prime location just a few blocks off the Esplanade, on the corner of 8th Avenue & Laburnum Avenue, two duplexes create an inviting garden community of 4 units; (2) two bedroom/ 1 bath units, & (2) one bedroom/ 1 bath units. Commodious units feature several updates, and residents enjoy the simplicity of walking and biking in the heart of Chico to local coffee shops & restaurants. All units were updated with energy efficient windows in 2020, and a new roof was installed on the west building. Property was connected to city sewer in 2017. These units have a solid rental history, and would be an appealing addition to any investment portfolio.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-29T09:28:48.857. 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 Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/128359668
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286 E 8th Avenue Chico, CA 95926

  • Price: $649,000
  • Status: Active Under Contract
  • On Site: 55 Days
  • Updated: 31 min ago
  • ID#: SN22091245
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1951
Built
County:
Butte
Property Description
Irresistible investment opportunity! In a prime location just a few blocks off the Esplanade, on the corner of 8th Avenue & Laburnum Avenue, two duplexes create an inviting garden community of 4 units; (2) two bedroom/ 1 bath units, & (2) one bedroom/ 1 bath units. Commodious units feature several updates, and residents enjoy the simplicity of walking and biking in the heart of Chico to local coffee shops & restaurants. All units were updated with energy efficient windows in 2020, and a new roof was installed on the west building. Property was connected to city sewer in 2017. These units have a solid rental history, and would be an appealing addition to any investment portfolio.
Exterior Features

Lot Features Front 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 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Suburban Contingency Buyer To Cooperate With Sellers 1031 Exchange At No Cost To Buyer. Electric Expense 363 Fuel Expense 0 Garage YN No Gross Income 4035 Gross Scheduled Income 49420 Insurance Expense 2000 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 36814 New Construction YN No New Taxes Expense 7305 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 12606 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 801 Water Sewer Expense 2137 Water Source Public Zoning R1



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-29T09:28:48.857. 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 Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): Steve Depa of Re/Max Of Chico (530-896-9300) and Matt Depa of ()