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1422 W 7th ST Chico, CA 95928
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Key Details
Sold Price $312,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN24017770
Sold Date 03/11/24
HOA Y/N No
Year Built 1920
Lot Size 4,356 Sqft
Property Sub-Type Duplex
Property Description
Charming Income Property Near Chico State University – Ideal Investment Opportunity! Nestled in a quaint neighborhood on the west side of Chico, and conveniently situated near to Chico State University and the vibrant downtown Chico this income generating property is an attractive option for a variety of tenants. The charming main house features 2 bedrooms and 1 bathroom with a spacious laundry area that offers ample room for additional storage – a practical feature for tenants! Above the main house sits a bright and inviting 1 bedroom, 1 bathroom apartment. This property also offers an external storage shed sits amidst a lush, low-maintenance landscape, with off street parking. With a GSI of ~$23,500 a year, this property presents a lucrative opportunity for investors looking to expand their portfolio. PLEASE DO NOT DISTURB TENANTS.
Location
State CA
County Butte
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside, See Remarks
Exterior
Pool None
Community Features Suburban
Private Pool No
Building
Lot Description Back Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 004500073000
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Heather DeLuca Re/Max of Chico
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