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1311 Locust Street

Chico, CA 95928
  • $950,000
  • STATUS: Pending
  • ON SITE: 13 Days
  • ID#: SN22166940
Pending
UPDATED: 40 min ago
$950,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Listing Agent(s): Maryann Scott of Coldwell Banker C&C Properties (530-895-1545)


Description

Here is a hard to find apartment complex in Chico, made up of 8 Studio Apartments. Most of the units have been renovated over the recent years with new vinyl flooring, new light and plumbing fixtures, newer split unit heat and cool wall units, and newer exterior paint with fresh decorative shake siding. The roof is around 10 years old and is in good condition. The roof over laundry is only 2 years old. All windows were replaced with vinyl dual pane. Laundry on site. Great source of income and a great opportunity for an investor!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T22:32:00.4. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/131418701
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1311 Locust Street Chico, CA 95928

  • Price: $950,000
  • Status: Pending
  • On Site: 13 Days
  • Updated: 40 min ago
  • ID#: SN22166940
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1980
Built
County:
Butte
Property Description
Here is a hard to find apartment complex in Chico, made up of 8 Studio Apartments. Most of the units have been renovated over the recent years with new vinyl flooring, new light and plumbing fixtures, newer split unit heat and cool wall units, and newer exterior paint with fresh decorative shake siding. The roof is around 10 years old and is in good condition. The roof over laundry is only 2 years old. All windows were replaced with vinyl dual pane. Laundry on site. Great source of income and a great opportunity for an investor!
Exterior Features

Construction Materials Stucco Fencing Average Condition Lot Features Paved Number Of Separate Electric Meters 8 Parking Features PavedOne Space Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features Kitchen Fireplace YN Yes Flooring LaminateVinyl Heating Electric Heating YN Yes Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features CurbsGutter(S) Electric Expense 3000 Garage YN No Gross Income 78300 Gross Scheduled Income 78300 Insurance Expense 2200 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing Loan Maintenance Expense 1000 Net Operating Income 51459 New Construction YN No New Taxes Expense 11875 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 25275 Possession Close Plus Property Condition Turnkey Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1500 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 2 Water Sewer Expense 3300 Water Source Public Zoning R-2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T22:32:00.4. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent(s): Maryann Scott of Coldwell Banker C&C Properties (530-895-1545)