For more information regarding the value of a property, please contact us for a free consultation.
377 E 7th AVE Chico, CA 95926
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,200,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN22134807
Sold Date 01/04/23
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1963
Lot Size 9,147 Sqft
Property Description
Updated, clean and fully occupied 5 units in the heart of Chico, CA. This property consists of a 4 unit building consisting of all 1 bedroom units and a newly constructed detached 2 bedroom house. Combined income of all units is over $9300/month. One of the one bedroom units is a fully furnished short term rental unit with several years of documented income averaging $3000/month. The unfurnished 1 bedrooms are approx $1400/mo and the 2 bedroom house is leased for over 2K/month. All leases are month to month. This property is professionally managed and management is willing to stay on if desired. Additionally a private first mortgage is assumable for 450K at 5% for 20 years if desired. See virtual tour and included document package.
Location
State CA
County Butte
Zoning R1
Interior
Interior Features Ceiling Fan(s)
Heating Ductless
Cooling Ductless
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Appliance Water Heater
Laundry Laundry Closet
Exterior
Exterior Feature Rain Gutters
Parking Features Gravel, Off Street
Fence Wrought Iron
Pool None
Community Features Gutter(s)
Utilities Available Cable Available
Total Parking Spaces 10
Private Pool No
Building
Lot Description Front Yard, Sprinklers In Front, Lawn, Sprinkler System, Yard
Story 1
Entry Level One
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 003403012000
Acceptable Financing 1031 Exchange, Submit
Listing Terms 1031 Exchange, Submit
Financing Cash
Special Listing Condition Standard
Read Less
Bought with General NONMEMBER NONMEMBER MRML
Whether it's finding the perfect place to call home,
Selling the home that no longer fits your needs,
Or strategically investing to build a secure future.
I'm here to help you make the right move at the right time.
Let's talk about your real estate goals.