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$999,000
728 W Sacramento Avenue
Chico, CA 95926
Lot Size0.23 Acres
Year Built1985
Listing TypeResidential Income
ZoningCITY
MLS Listing IDSN19007677
Published Date1/10/2019 1933 days ago
Listing Modified2/7/2020 11:45:00 AM 1540 days ago
Well maintained 5plex right across the street from CSUC consisting of 4x 4bed 2bath units, and 1 3bed 2bath unit. The 3 bedroom unit is completely upgraded with plank flooring, ceiling fans, vanities, etc. All units have granite counters and other upgrades. 3 units are leased at promotional rates until 6/30/19. Market rate for each unit is estimated at 1950/month. Once at market this property will have a 8% cap rate. Each unit has a locked private storage room for bikes etc and indoor laundry. Professionally managed. See included financials for more details on expenses and income. Property has a private first note that may be assumable for 495K at 5% P&I over 25 years.
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Esplanade to W. Sac
Listing Status: Closed
Please Note:This listing was last updated on 2/7/2020. Please contact us for the availability of this property.

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  • Internet Published
  • Income
  • Monthly Gross Income: $7280.00
  • Net Operating Income: $41589.00
  • Pool
  • Pool Type: None
  • Sale Type
  • Sale Type: Standard
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