1620 Locust Street

    Chico, CA 95928
    • $312,500
    • STATUS: Pending
    • ON SITE: 145 days
    • ID#: SN19098908
    Pending
    UPDATED: 20 min ago
    $312,500
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,536
      SQFT
    • $203
      $/SQFT
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    Investment opportunity knocks! First time on the market, in over 30+ years. Centrally located duplex, close to downtown, schools, shopping, and public transportation. The Subject property consists of 2 separate/detached houses, situated on a nice size, rectangular lot (zoned RMU), with mature shade trees/landscaping, and connected to City Services. There is a carport with dedicated parking at the rear of the property, with alley access, off of 16th St. Both units have a 2 bed/1 bath configuration, with an open floor plan, separately metered PG&E, ample size backyards, and long term tenants, who would like to stay! The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Sq. ft., bed/baths , & lot size taken from public records. Buyer is advised to investigate to their satisfaction.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-23T13:39:00.11. 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 A|G Amaya Group Real Estate. Licensed in the State of California, USA.
    www.amayarealestategroup.com/homes/94233138

    1620 Locust Street Chico, CA 95928

    • Price: $312,500
    • Status: Pending
    • Updated: 20 min ago
    • ID#: SN19098908
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1,536
    SQFT
    $203
    $/SQFT
    1973
    Built
    County:
    Butte
    Property Description
    Investment opportunity knocks! First time on the market, in over 30+ years. Centrally located duplex, close to downtown, schools, shopping, and public transportation. The Subject property consists of 2 separate/detached houses, situated on a nice size, rectangular lot (zoned RMU), with mature shade trees/landscaping, and connected to City Services. There is a carport with dedicated parking at the rear of the property, with alley access, off of 16th St. Both units have a 2 bed/1 bath configuration, with an open floor plan, separately metered PG&E, ample size backyards, and long term tenants, who would like to stay! The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Sq. ft., bed/baths , & lot size taken from public records. Buyer is advised to investigate to their satisfaction.
    Exterior Features

    Architectural Style Cottage Carport Spaces 2.00 Construction Materials Drywall WallsStucco Entry Level 1 Entry Location Front Exterior Features Rain Gutters Fence YN Yes Fencing Average ConditionWood Foundation Details Raised Garage Spaces 0.00 Lot Features Front YardLandscapedLawnLevel With StreetLot 6500-9999Rectangular LotNear Public TransitYard Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportDetached CarportNo DrivewayOff StreetOn SiteStreet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Alley PavedPaved Roof Composition Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Appliances DishwasherElectric Range Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Door Features Sliding Doors Fireplace Features None Fireplace YN No Flooring CarpetVinyl Heating Central Heating YN Yes Interior Features Formica CountersOpen Floorplan Laundry Features In Kitchen Levels One Room Type All Bedrooms DownKitchenLiving Room Window Features Screens

    Property Features

    Accessibility Features Entry Slope Less Than 1 FootNo Interior Steps Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.50 Community Features CurbsGuttersSidewalksStorm DrainsStreet Lights Country Us Electric Standard Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 19380.00 Gross Operating Income 19380.00 Gross Scheduled Income 19380.00 Insurance Expense 800.00 Land Lease YN No Laundry YN Yes Net Operating Income 12828.00 New Construction YN No New Taxes Expense 3100.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Number With Carpet 2 Number With Dishwasher 2 Number With Range 2 Number With Refrigerator 2 Operating Expense 6552.00 Professional Management Expense 1356.00 Property Condition Repairs Cosmetic Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 1553.00 Tax Year 2018 Tenant Pays All UtilitiesCable Tv Total Actual Rent 1615.00 Total Expenses 6552.00 Trash Expense 420.00 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 876.00 Water Source Public Year Built Source Assessor Zoning C2

    Listing provided courtesy of Brian Littrell of Coldwell Banker/Dufour


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-23T13:39:00.11. 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 A|G Amaya Group Real Estate. Licensed in the State of California, USA.
     
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