Price Reduction
Address
1425 W 7th Street, Chico, CA
Price
$ 339,000
Property Attributes
- MLS#224012282
- TypeIncome
- CountyBUTTE
- CityChico
- AreaChico
- Zip95928
- StyleDuplex
- Price$ 339,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,227 SqFt
Data Source:
MetroList MLS
Property Description
Excellent opportunity to acquire the most affordable duplex in Chico! Each unit is a 1 bed/1 bath with open living room and kitchen. There is a shared onsite laundry facility. Large fenced backyard. Low maintenance Stucco exterior and comp roof. Tenants are month to month and new owners have the ability to raise rent on day 1. Separate electrical and gas meters. Owner pays water, sewer and trash. Great investment opportunity with stabilized tenants at below market rents, allowing the opportunity to increase income by raising rents to market rate.
| Price History | |
|---|---|
| 2/10/2024 | Listed $349,900 |
| 4/3/2024 | 4% - $339,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall Unit(s) |
| Utilities | Natural Gas Connected |
| Roof | Composition |
| Appliances | Free Standing Gas Range,Free Standing Refrigerator |
| Exterior Features | Yard Space |
| Unit 2 Rent | 745 |
| Unit 1 Rent | 640 |
| Garage Spaces | 0.0 |
| Construction Materials | Stucco,Frame,Wood Siding |
| Year Built | 1972 |
| Tenant Pays | Electricity,Gas |
| Stories | 1 |
| Levels | One |
| Property SubType | Duplex |
| County | Butte |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Close Price | 0.0 |
| Status | Active |
| Directions | From Hwy 99,exit CA-32 W/ W 8 th St. R on Walnut St,L on 7 th St,R on Hickory,L on W 7 th . |
| City | Chico |
| Buyer Agent Compensation | 2.5 |
| High School District | Chico Unified |
| Zoning Description | R2 |
| Open Parking Spaces | 3.0 |
| Total Units | 2 |
| MLS Area | 12548 |
| Lot Size Square Feet | 5227.0 |
| Carport Spaces | 0.0 |
| Street Name | 7th |
| Standard Status | Active |
| Middle/Junior School District | Chico Unified |
| Elementary School District | Chico Unified |
| Year Built Source | Assessor Agent-Fill |
| Buyer Agent Compensation Type | Percent |
Interior Features
| Basement | None |
|---|---|
| Flooring | Carpet,Linoleum |
| Total Stories | 1 |
| Unit 1 Full Baths | 1 |
| Unit 2 Full Baths | 1 |
| Unit1Bedrooms | 1 |
| Unit2Bedrooms | 1 |
| Street Suffix | Street |
| Laundry Features | In Common Area,Washer/Dryer Owned |
| Unit 1 Bedroom Units Total | 2 |
Exterior Features
| Parking Features | Street |
|---|---|
| Lot Features | Other |
| Water Source | Public |
| Total Parking | 3.0 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Lot Size Acres | 0.12 |
| Lot Size Source | Assessor Agent-Fill |
| Covered Spaces | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 95928
Price
Visits
Year Built
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MetroList CA data last updated: April 29, 2024 2:56 AM UTC 