$725,000
$785,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
10,018 Sqft Lot
SOLD DATE : 10/21/2022
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN22167962
Sold Date 10/21/22
HOA Y/N No
Year Built 1977
Annual Tax Amount $6,007
Lot Size 10,018 Sqft
Property Description
Rare opportunity to own an income producing 4-unit property in Chico situated in a prime location near Meriam Park, public transit, Butte College Chico Campus, shopping and restaurants! Consisting of 2 duplexes, each unit offers approximately 1050 sq ft with 3 bedrooms/2 bathrooms, an open floor plan, kitchen island, central heat and air, laundry hookups in the 1 car garage plus off street parking and a small backyard. Updates include: new HVAC roof package in Unit B in 2022 and estimates for the following - Unit D HVAC 8-10 years old; Unit A HVAC - 12-15 years old; Unit C HVAC - 15-18 years old; Roof - 10-12 years old. Interiors have not been updated due to long-term occupancy. Consistent, great rental history for the past 18 years. Leases are on month to month. Sq Ft, and lot size taken from county records, buyer to verify all information to their satisfaction. Viewings available with accepted offer. Please do not disturb the tenants.
Location
State CA
County Butte
Zoning R1
Interior
Interior Features Open Floorplan
Heating Central
Cooling Central Air
Flooring Carpet, Tile, Vinyl
Fireplaces Type None
Fireplace No
Appliance Electric Oven, Refrigerator, Water Heater
Laundry Washer Hookup, Electric Dryer Hookup, In Garage
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Gutter(s), Suburban, Sidewalks
Utilities Available Sewer Connected
Roof Type Composition
Total Parking Spaces 9
Private Pool No
Building
Lot Description Back Yard, Front Yard, Level, Near Public Transit, Rectangular Lot, Yard
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 002240064000
Acceptable Financing 1031 Exchange, Submit
Listing Terms 1031 Exchange, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Nick Allison • eXp Realty of California, Inc.
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