832 W. 1st Street
Chico, CA 95926
* SOLD *

5 unit apartment community

$545,000

 

 

This 5 unit property is very strategically located within 80 yards of the Chico State University campus! It consists of three 2 bdrm/1 bath units, one 1 bdrm/1 bath and a detached studio built in 1999. This property has been well maintained for many years. All units were recenty painted and several have new floor coverings. Laundry facility added this year. Off street parking. All units are occupied with long term leases. These units are always in demand due to the excellent location.



General

AP#: 003-095-010

Building(s) Sq. Ft.: 3680

Lot Sq. Ft.: 7840

Ann. Gross Schd. Income: $45,960

Gross Rent Multiplier: 11.8



Features

Sewer: City Sewer

Heating: Wall

Cooling: Window A/C

Gas & Electric: Natural Gas

Laundry: Yes

Roofing: Composition Shingle 1999

Yard: Automatic Sprinklers

Parking: Off street