Located off the Esplanade near Enloe and a short bike ride away from Chico State University, this fully occupied 4 unit property has a CAP Rate (including property management) of 6.8%. Two leases are currently month to month and the other two leases are expiring within the next several months. The property also owns an income producing washer and dryer that is currently charging under market price. This complex has tremendous income potential depending and a location that draws college students and young professionals alike. Brokered And Advertised By: Keller Williams Realty Chico Listing Agent: Alisha Simpkins
Off market
Street View
Zestimate®
$611,300
316 W 4th Ave, Chico, CA 95926
8beds
3,736sqft
MultiFamily
Built in 1970
-- sqft lot
$611,300 Zestimate®
$164/sqft
$1,427 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Other
Cooling
- Central
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,736 sqft
Property
Parking
- Total spaces: 8
Lot
- Size: 7,405 sqft
Details
- Parcel number: 003013021000
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
- Roof: Other
Condition
- Year built: 1970
Community & neighborhood
Location
- Region: Chico