107 W 16th Street Chico, CA 95928

$599,000 Active

About the Property

5-unit multifamily property located in Chico, CA. Built in 1945, the property is comprised of (1) studio, (3) one-bedroom one-bathroom, and (1) two-bedroom one-bathroom floor plans. The building is comprised of a wood exterior, pitched composition shingle roof and wall air-conditioning units. There is also a shared laundry room on the lower floor.

Property Information

Size 3,558 SqFt
Price/SqFt $168
Lot Size 0.12 Acres
Year Built 1945
Property Type Residential Income
Zoning C2
Listing Number LG24230757
Listed 11/8/2024
Modified 11/11/2024
Listing Agent Thomas Kadar
Listing Office Keller Williams Legacy
Total Building 1
Total Units 5

Property Features

# Electric Meters
  • 5
# Gas Meters
  • 1
# Water Meters
  • 1
Community Features
  • Sidewalks
Garage Spaces
  • 0.00
Gross Scheduled Income
  • 56100.00
Levels
  • Two
Net Operating Income
  • 34100.00
Operating Expense
  • 22000.00
Pool
  • None
Price Pe rUnit
  • 119800
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Expenses
  • 22000.00
Water Source
  • Public