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622 Chestnut ST Chico, CA 95928
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Key Details
Sold Price $930,700
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN22017516
Sold Date 05/12/22
HOA Y/N No
Year Built 1984
Lot Size 8,712 Sqft
Property Description
Great investment opportunity in downtown Chico! This quadruplex is 5 blocks from the university and features four, four-bedroom two-bathroom units. The property is professionally managed and has been well-maintained. The roof was replaced in 2019. Each unit has updated dual pain windows, renovated porch/staircase leading to the upstairs unit and a recently re-painted parking lot. The rents have been priced affordable and has given the property a strong rental history, all units are leased through summer 2022. The current total gross rent is $6,850 per month.
Location
State CA
County Butte
Zoning R3
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 12
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 004217006000
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Tara Anderson Ballou Company
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