604 W 7th Street Chico, CA 95928

$549,000 Active

About the Property

Great location for student housing near CSUC, college hub and downtown Chico. This well maintained 5 bedroom home exudes charm and pride of ownership!! Welcoming front porch perfect for socializing or just enjoying the tree lined streets of Chico and the passersby. The nicely remodeled kitchen offers new white shaker cabinets, granite countertops, dishwasher, gas range, disposal and microwave. Other recent updating and upgrades include newer roof, updated electrical panel, Trex type decking, newer driveway providing 2 off street parking spots, and fencing with gate for access to backyard with patio and locking shed. Other amenities include dining room with built-ins, stackable washer/dryer in unit, central heat & air conditioning, and security cameras. Consistently leased due to location and condition.

Property Information

Size 1,451 SqFt
Price/SqFt $378
Lot Size 0.13 Acres
Year Built 1910
Property Type Residential Income
Zoning R3
Listing Number SN25066678
Listed 3/26/2025
Modified 4/2/2025
Listing Agent Lori Akers
Listing Office Parkway Real Estate Co.
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Cap Rate
  • 5.00
Community Features
  • Sidewalks
Construction Materials
  • Frame
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 45000.00
Gross Operating Income
  • 45000.00
Gross Scheduled Income
  • 45000.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 27616.00
Operating Expense
  • 17384.00
Other Structures
  • Shed(s)
Pool
  • None
Price Pe rUnit
  • 549000
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Total Expenses
  • 17384.00
Water Source
  • Public
Cooling
  • Central Air
  • Electric
Fencing
  • New Condition
  • Wood
Flooring
  • Laminate
  • Wood
Interior
  • Built-in Features
  • Ceiling Fan(s)
  • Granite Counters
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
  • Telephone
Appliances
  • Dishwasher
  • Disposal
  • Gas Range
  • Microwave
  • Refrigerator