822 Chestnut Street Chico, CA 95928

$270,000 Pending

About the Property

In the heart of Chico’s bustling college community, this 3 bedroom, 1 bath home presents an excellent investment for those seeking reliable rental income, with prime access to both campus and downtown. Featuring spacious common living areas, a functional kitchen, attic storage, and a convenient laundry room, this home blends comfort with practicality. The private fenced backyard adds appeal, and the low-maintenance landscape ensures easy upkeep. With its desirable location this property is well-positioned to attract consistent rental demand and offer long-term success.

Property Information

Size 1,232 SqFt
Price/SqFt $219
Lot Size 0.05 Acres
Year Built 1910
Property Type Residential Income
Zoning R3
Listing Number SN24200194
Listed 10/9/2024
Modified 11/27/2024
Listing Agent Matt Depa
Listing Office Re/Max of Chico
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Wall/Window Unit(s)
Garage Spaces
  • 0.00
Gross Income
  • 1650.00
Gross Scheduled Income
  • 19800.00
Heating
  • Wall Furnace
Levels
  • One
Net Operating Income
  • 15403.00
Operating Expense
  • 4397.00
Pool
  • None
Price Pe rUnit
  • 270000
Sewer
  • Public Sewer
StoriesTotal
  • 1
Total Expenses
  • 4397.00
Water Source
  • Public