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1648 Normal Avenue

Chico, CA 95928
  • $690,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: SN23161876
UPDATED: 211 min ago
$690,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Casey Smyth of Nexthome North Valley Realty (530-402-4411)


Description

Well maintained 4-Plex in the Barber District of Chico. 3 Minute drive to Downtown and 5 minute drive to CSU Chico, makes this a desirable rental option for many tenants. This property has been professionally managed, keeping rents at market value and professionally maintaining all units. All units are currently rented with year leases and have had great rental history. Owner pays for Trash and Water. Roof is one year old.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/143399365
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1648 Normal Avenue Chico, CA 95928

  • Price: $690,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 211 min ago
  • MLS #: SN23161876
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1950
Built
County:
Butte
Property Description
Well maintained 4-Plex in the Barber District of Chico. 3 Minute drive to Downtown and 5 minute drive to CSU Chico, makes this a desirable rental option for many tenants. This property has been professionally managed, keeping rents at market value and professionally maintaining all units. All units are currently rented with year leases and have had great rental history. Owner pays for Trash and Water. Roof is one year old.
Exterior Features

Construction Materials Vinyl Siding Entry Level 1 Entry Location Front Door Exterior Features Rain Gutters Fencing Partial Foundation Details Raised Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Other Structures Outbuilding Parking Features GravelOn Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition View Neighborhood View YN Yes

Interior Features

Appliances Water Heater Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features Living RoomWood Burning Fireplace YN Yes Flooring VinylWood Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 2.79 Common Interest None Community Features Street Lights Garage YN No Gross Income 52140 Gross Scheduled Income 52140 Insurance Expense 1668 Land Lease YN No Laundry Features See Remarks Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 19269 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 32871 Pest Control Expense 590 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 52140 Trash Expense 619 Water Sewer Expense 1246 Water Source Public Zoning Rd-1



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Casey Smyth of Nexthome North Valley Realty (530-402-4411)