1062 Humboldt Avenue Chico, CA 95928

$450,000 Active

About the Property

Looking for a solid investment opportunity? This triplex is ready for a new owner to bring out its full potential. Each of the three units offers 2 bedrooms and 1 bathroom, along with a functional kitchen featuring plenty of storage, an electric range, and space for a dining table. The interior provides a cozy and practical living space that tenants will appreciate. The property includes a large shared parking lot, ensuring plenty of off-street parking—always a plus! Conveniently located near shopping, dining, and essential amenities, this triplex offers a prime location for steady rental demand. With some updates and improvements, this property could generate strong rental income and long-term value. Whether you're looking to renovate and increase cash flow or add to your portfolio, this triplex is full of potential. Don’t miss out—schedule a viewing today!

Property Information

Size 2,142 SqFt
Price/SqFt $210
Lot Size 0.15 Acres
Year Built 1985
Property Type Residential Income
Zoning AR
Listing Number SN25033004
Listed 2/13/2025
Modified 2/15/2025
Listing Agent Heather Cooper
Listing Office Willow & Birch Realty, Inc
Total Building 1
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Units Leased
  • 3
# Water Meters
  • 3
Community Features
  • Street Lights
Cooling
  • Wall/Window Unit(s)
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Scheduled Income
  • 16920.00
Heating
  • Wall Furnace
Interior
  • Formica Counters
Levels
  • Two
Net Operating Income
  • 14000.00
Operating Expense
  • 2920.00
Pool
  • None
Price Pe rUnit
  • 150000
Roofing
  • Composition
Sewer
  • Conventional Septic
Spa
  • None
StoriesTotal
  • 2
Total Actual Rent
  • 1410.00
Views
  • Neighborhood
Water Source
  • Public
Tenant Pays
  • All Utilities
  • Cable TV
  • Electricity
Appliances
  • Electric Range
  • Range Hood
  • Refrigerator
  • Water Heater