1027 Normal Avenue Chico, CA 95928

$492,500 Closed

About the Property

Please Note: This property has been SOLD

Surrounded by mature trees, this classic student property, with its adorable front porch, consists of 2 units located near CSU Chico and downtown. Units feature indoor laundry, waterproof flooring, & updated bathrooms. Each unit has a private entrance. In the back, there is off-street parking. Both units are leased.

Property Information

Size 2,395 SqFt
Price/SqFt $206
Lot Size 0.13 Acres
Year Built 1910
Property Type Residential Income
Zoning R3
Listing Number SN24092406
Listed 5/6/2024
Modified 8/21/2024
Listing Agent Becky Williams
Listing Office Keller Williams Realty Chico Area
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 1
Community Features
  • Urban
Garage Spaces
  • 0.00
Gross Income
  • 43920.00
Gross Scheduled Income
  • 43920.00
Levels
  • Two
Net Operating Income
  • 28720.00
Operating Expense
  • 15000.00
Parking Total
  • 3.00
Pool
  • None
Price Pe rUnit
  • 250000
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Expenses
  • 15200.00
Uncovered Spaces
  • 3.00
Water Source
  • Public