358 E 12th Street Chico, CA 95928

$599,000 Active

About the Property

***Two Properties on one LOT*** Come check out this amazing investment opportunity. This unique location features two separate homes, with the main home having 2 bedrooms and 1 ½ bathrooms, and can be found situated in the front of the property. The second home is a newly added ADU situated at the back of the property. Each home has its own separate yard space, completely fenced off for privacy. The main home has had the downstairs bathroom redone, new flooring throughout the entire home, and has been completely repainted not only in the interior of the home but the exterior as well. This home is move-in ready, come check it out!! Don’t miss out on this great opportunity!

Property Information

Size 1,728 SqFt
Price/SqFt $347
Lot Size 0.18 Acres
Year Built 1957
Property Type Residential Income
Zoning R-2
Listing Number OR24182881
Listed 9/4/2024
Modified 9/12/2024
Listing Agent Amber Moore
Listing Office RE/MAX Gold
Total Building 2
Total Units 1

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 1
# Water Meters
  • 2
Electric
  • 220 Volts
Fencing
  • Good Condition
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 21360.00
Gross Scheduled Income
  • 21360.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 18570.00
Pool
  • None
Price Pe rUnit
  • 599000
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Tenant Pays
  • All Utilities
Total Actual Rent
  • 1780.00
Total Expenses
  • 514.00
Water Source
  • Public
Appliances
  • Electric Range
  • Refrigerator
Cooling
  • Central Air
  • Ductless
Flooring
  • Carpet
  • Vinyl
Utilities
  • Cable Available
  • Electricity Connected
  • Sewer Connected
  • Water Available
Community Features
  • Biking
  • Dog Park
  • Golf
  • Hiking
  • Sidewalks