385 E 3rd Street Chico, CA 95928

$465,000 Closed

About the Property

Please Note: This property has been SOLD

This property is a fantastic investment opportunity or a wonderful home! The main house offers 4 spacious bedrooms and 2 bathrooms, with 2 of the bedrooms featuring their own private entrances. Located just steps away from the Saturday Farmers Market, Bidwell Park, Downtown Chico, and close to campus, it's perfect for students or anyone who loves being in the heart of the action. The exterior is freshly painted and features new exterior light fixtures and landscape rock, adding to its curb appeal. Inside, the main house has plenty of charm with a welcoming front porch, built-in bookshelf, wood casing windows and crown molding. The living room is spacious with a large dining area. The backyard is fully fenced, featuring a large deck and plenty of shade from mature trees, making it a perfect space for relaxation or entertaining. Additionally, there is an adorable studio unit in the back with its own bathroom and full kitchen. The studio kitchen includes a breakfast bar, and there's a private patio area for added outdoor space. This setup is ideal for rental income or as a guest suite. With it's prime location and unique features, you won't want to miss this one!

Property Information

Size 1,600 SqFt
Price/SqFt $291
Lot Size 0.09 Acres
Year Built 1910
Property Type Residential Income
Zoning RP
Listing Number SN24146368
Listed 7/24/2024
Modified 8/30/2024
Listing Agent John Barroso
Listing Office Parkway Real Estate Co.
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Units Leased
  • 2
# Water Meters
  • 1
Carport Spaces
  • 0.00
Cooling
  • Wall/Window Unit(s)
Fencing
  • Average Condition
Garage Spaces
  • 0.00
Gross Income
  • 27745.00
Gross Scheduled Income
  • 40800.00
Levels
  • One
Net Operating Income
  • 27745.00
Operating Expense
  • 13055.00
Parking Total
  • 1.00
Pool
  • None
Price Pe rUnit
  • 249500
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Total Expenses
  • 13055.00
Uncovered Spaces
  • 1.00
Water Source
  • Public
Community Features
  • Curbs
  • Sidewalks
Flooring
  • Carpet
  • Vinyl
Heating
  • Central
  • Wall Furnace
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected