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8 Lorayne CT Chico, CA 95926
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Key Details
Sold Price $599,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN23146463
Sold Date 11/03/23
HOA Y/N No
Year Built 1980
Annual Tax Amount $2,956
Lot Size 9,583 Sqft
Property Sub-Type Quadruplex
Property Description
This is a great opportunity to own an investment property located just blocks away from CSU Chico. This well-positioned 4-plex offers not only immediate rental income but also substantial potential for increased capital appreciation and enhanced cash flow. Don't miss out on this opportunity to secure a 4-plex with potential for value enhancement and increased market rents. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a strategic entry point into the real estate market, this property offers a combination of location, potential, and profitability.
Location
State CA
County Butte
Zoning R3
Interior
Heating Central
Cooling Central Air
Flooring Carpet
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry Common Area
Exterior
Parking Features On Site, On Street
Fence None
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks
Utilities Available Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 043131024000
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Trust
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Bought with General NONMEMBER NONMEMBER MRML

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