Discover the perfect investment! This duplex is nestled close to downtown with convenient access to freeways and Bidwell Park. With a 2-bedroom, 1-bath unit downstairs, leased through May 2025, and a furnished 1-bedroom, 1-bath unit upstairs, this property will ensure a steady income stream for the investor, OR live in one unit while enjoying supplemental rental income. Both units have been updated with wood laminate flooring. Dual pane windows and a new roof were installed 5+ years ago. There are ductless mini splits and ceiling fans throughout. There are separate gas and electric meters for each unit and the property has been connected to City Sewer. The spacious backyard is fenced and includes a detached storage structure and laundry room. Whether you're an astute investor or a discerning homeowner looking for versatility and income potential, this duplex presents a compelling proposition. Don't miss your chance to capitalize on this offering!
Sold for $400,000 on 04/16/24
Listing Provided by:
Shane Collins DRE #01738682 530-518-1413,
Re/Max of Chico
Bought with: Better Homes and Gardens Real Estate Welcome Home
$400,000
1021 Alder St #1, Chico, CA 95928
3beds
2baths
1,464sqft
Duplex
Built in 1981
-- sqft lot
$390,800 Zestimate®
$273/sqft
$1,680 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 16, 2024 at 03:17pm
Listing Provided by:
Shane Collins DRE #01738682 530-518-1413,
Re/Max of Chico
Bought with:
Emma Feldman, DRE #01318939
Better Homes and Gardens Real Estate Welcome Home
Source: CRMLS,MLS#: SN24044467
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Ductless, Wall Furnace
Cooling
- Ductless, Wall/Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator, Dryer, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, See Remarks
Features
- Ceiling Fan(s)
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,464
- Total interior livable area: 1,464 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,098 sqft
- Features: Back Yard, Front Yard, Level, Rectangular Lot
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: 004351028000
- Zoning: AR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Chico
Other
Other facts
- Listing terms: Submit
- Road surface type: Paved