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Sold for $312,000 on 03/11/24
  • Listing Provided by: 

    Steve Depa DRE #00813533 530-514-6288,

    Re/Max of Chico

    $312,000

    1422 W 7th St, Chico, CA 95928

    --beds
    --baths
    1,150sqft
    Duplex
    Built in 1920
    -- sqft lot
    $318,200 Zestimate®
    $271/sqft
    $1,725 Estimated rent

    What's special

    Charming Income Property Near Chico State University – Ideal Investment Opportunity! Nestled in a quaint neighborhood on the west side of Chico, and conveniently situated near to Chico State University and the vibrant downtown Chico this income generating property is an attractive option for a variety of tenants. The charming main house features 2 bedrooms and 1 bathroom with a spacious laundry area that offers ample room for additional storage – a practical feature for tenants! Above the main house sits a bright and inviting 1 bedroom, 1 bathroom apartment. This property also offers an external storage shed sits amidst a lush, low-maintenance landscape, with off street parking. With a GSI of ~$23,500 a year, this property presents a lucrative opportunity for investors looking to expand their portfolio. PLEASE DO NOT DISTURB TENANTS.

    Zillow last checked: 7 hours ago

    Listing updated: March 11, 2024 at 03:25pm

    Listing Provided by:

    Steve Depa DRE #00813533 530-514-6288,

    Re/Max of Chico

    Bought with:

    Heather DeLuca, DRE #01919038

    Re/Max of Chico

    Source: CRMLS,MLS#: SN24017770MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Inside, See Remarks
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,150
    • Total interior livable area: 1,150 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 4,356 sqft
    • Features: Back Yard
    Details
    • Parcel number: 004500073000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Chico

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
    Services availability