429 W 3rd Street Chico, CA 95928

$840,000 Active

About the Property

Submit your offer! Seller will consider all offers! Classic Chico Home Steps to CSUC and Downtown. This 5 bedroom 2 bath home has been an excellent college rental. Why manage 4 units when you can collect more rent with 1? This rental has been 100% occupied for years and has been very well maintained. Bungalow style with hardwood floors, vaulted ceilings, large living room, dining room with built-in hutch and french doors, large open kitchen with a portable dishwasher, adjacent sun room/breakfast nook. Large bedrooms, washer/dryer, front porch, concrete pack patio, and off street parking. Main floor has central heating/air. One block from CSUC. Excellent location Pictures coming soon!

Property Information

Size 2,310 SqFt
Price/SqFt $364
Lot Size 0.15 Acres
Year Built 1923
Property Type Residential Income
Zoning R3
Listing Number SN24148933
Listed 7/19/2024
Modified 8/6/2024
Listing Agent Mandy Whigham
Listing Office Own in the Sun, Inc.
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Community Features
  • Biking
Cooling
  • Central Air
Flooring
  • Wood
Garage Spaces
  • 0.00
Gross Income
  • 5100.00
Gross Operating Income
  • 51000.00
Gross Scheduled Income
  • 51000.00
Heating
  • Central
Interior
  • Ceiling Fan(s)
Levels
  • One
Net Operating Income
  • 43030.00
Operating Expense
  • 7970.00
Pool
  • None
Price Pe rUnit
  • 840000
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Style
  • Bungalow
Tenant Pays
  • All Utilities
Total Expenses
  • 14417.00
Water Source
  • Public
Utilities
  • Cable Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected