330 W 4th Street Chico, CA 95928

$1,240,000 Active

About the Property

Submit your offer! Seller's willing to consider all offers Unit 1- 3500 rent 4/3 1255 sq ft Walk to Campus! Beautiful hardwood floors, vaulted ceilings, and a large living room. Open kitchen with plenty of counter space and cabinets, dishwasher, ice-maker, range with microwave hood, and a custom built-in eating bar. Bathrooms are tiled, two have showers and the third has a tub shower. Bedrooms with ceiling fans and one of the four bedrooms has a private entrance as well as its own bathroom. Central heating and air, laundry room with washer/dryer, cabinets, and in-wall ironing board, great front porch, shared off-street parking, excellent location! Unit 2- 5 bedroom 2 bath with living room or can be rented as 6 bedroom with no living room. Currently rented for 2800, market rents at 4000-4500 was rented for 4000 past years Perfect place for a large group wanting to live close to campus! Kitchen with custom cabinets, dishwasher and two refrigerators, washer/dryer, whole house fan, and central heating and air. One bathroom has a large nicely tiled standing shower and the other has a bathtub/shower and shelves for storage. Bedrooms are either hardwood floor or carpeted, all are comparable in size and each has a personal sink and ceiling fan. Excellent Location! Amazing opportunity to own this easy to rent duplex in a very desirable area. Off street parking and an easy 1 block walk to campus and downtown, this is the best location for college rentals! More pictures coming soon.

Property Information

Size 3,071 SqFt
Price/SqFt $404
Lot Size 0.07 Acres
Year Built 1916
Property Type Residential Income
Zoning CC
Listing Number SN24148179
Listed 7/18/2024
Modified 8/6/2024
Listing Agent Mandy Whigham
Listing Office Own in the Sun, Inc.
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
Accessibility Features
  • Parking
Cap Rate
  • 5.00
Community Features
  • Biking
Cooling
  • Central Air
Fireplace
  • Living Room
Flooring
  • Wood
Garage Spaces
  • 0.00
Gross Income
  • 75600.00
Gross Operating Income
  • 75600.00
Gross Scheduled Income
  • 75600.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 56463.00
Operating Expense
  • 19137.00
Pool
  • None
Price Pe rUnit
  • 620000
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Style
  • Craftsman
Total Actual Rent
  • 6300.00
Total Expenses
  • 19031.00
Views
  • Trees/Woods
Water Source
  • Public
Tenant Pays
  • Electricity
  • Gas
Appliances
  • Dishwasher
  • Electric Range
  • Gas Range
Utilities
  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected