13001 Hamilton Nord Cana Chico, CA 95973

$499,000 Active

About the Property

Two houses on 5 acres of agricultural land in the quaint town of Nord. The manufactured home (13001 Hamilton Nord Cana Hwy) is a double wide that offers 2 bedrooms, 2 bathrooms, full laundry room and a detached 2 car garage that has a studio apartment built into it. The mobile home and studio apartment are leased for $2,200/mo through February 1, 2025. The manufactured home is not on a permanent foundation. The main house (13021 Hamilton Nord Cana Hwy) is a 4 bedroom 2 bath stick-built home (1,768 sq ft) that needs significant remodel work. The land is level, fully fenced and has excellent soil quality. Because there was a home that was recently removed from the property, the County will allow a 3rd structure to be constructed so long as a building permit is applied for by August 2025, the new structure is completed by August 2027, and the size of the structure does not exceed the size of the previous structure (approx. 800 sq ft). There are two wells on the property. One well supplies water to the two existing structures, and the second well is not being used.

Property Information

Size 3,448 SqFt
Price/SqFt $145
Lot Size 5 Acres
Year Built 1948
Property Type Residential Income
Zoning AR
Listing Number SN24136546
Listed 6/30/2024
Modified 8/22/2024
Listing Agent Mike McCrady
Listing Office Michael McCrady, Broker
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
Community Features
  • Rural
Garage Spaces
  • 2.00
Gross Operating Income
  • 54144.00
Gross Scheduled Income
  • 56400.00
Net Operating Income
  • 40944.00
Operating Expense
  • 13200.00
Parking Total
  • 2.00
Pool
  • None
Price Pe rUnit
  • 249500
Sewer
  • Conventional Septic
StoriesTotal
  • 1
Tenant Pays
  • All Utilities
Total Expenses
  • 13200.00
Water Source
  • Well