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803 Normal Avenue , #1

Chico, CA 95928
  • $495,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: SN24026616
UPDATED: 54 min ago
$495,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1880
County:

School Ratings & Info

Listing Agent(s): Michael Lee of Ryno Company (530-343-2959) and Ryan Vaught of Ryno Company(530-343-2959)


Description

Rare investment opportunity near Chico State University and beautiful downtown Chico. Situated at the intersection of W 8th St and Normal Ave, this 6-bedroom, 4-bathroom duplex is conveniently located in a highly desirable area. The lower unit comprises 5 bedrooms and 3 bathrooms, along with an indoor laundry room, while the upper unit consists of 1 bedroom and 1 bathroom. Forced air heating and cooling in Unit 1 and new split heating and cooling system in Unit 2. Both units are currently occupied. Additionally, the property includes a 6-space parking lot on the southern side, which could be used to build an additional dwelling unit.Seller financing may be available.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-05T09:31:59.717. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/147461976
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803 Normal Avenue , #1 Chico, CA 95928

  • Price: $495,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 54 min ago
  • ID#: SN24026616
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1880
Built
County:
Butte
Property Description
Rare investment opportunity near Chico State University and beautiful downtown Chico. Situated at the intersection of W 8th St and Normal Ave, this 6-bedroom, 4-bathroom duplex is conveniently located in a highly desirable area. The lower unit comprises 5 bedrooms and 3 bathrooms, along with an indoor laundry room, while the upper unit consists of 1 bedroom and 1 bathroom. Forced air heating and cooling in Unit 1 and new split heating and cooling system in Unit 2. Both units are currently occupied. Additionally, the property includes a 6-space parking lot on the southern side, which could be used to build an additional dwelling unit.Seller financing may be available.
Exterior Features

Entry Level 1 Entry Location Normal Ave Exterior Features Lighting Fencing Wood Lot Features Corner LotCorners MarkedFront YardNo LandscapingNear Public TransitRectangular LotStreet LevelYard Number Of Separate Electric Meters 2 Open Parking Spaces 6 Parking Features Driveway LevelGravelOn SiteOversizedOne SpaceSide By Side Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Spa Features None Spa YN No View NeighborhoodTrees/Woods View YN Yes

Interior Features

Appliances DishwasherFree-Standing RangeGas OvenGas RangeRefrigeratorSelf Cleaning OvenWater Heater Common Walls 1 Common Wall Cooling See Remarks Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminateTile Heating Forced Air Heating YN Yes Interior Features Ceiling Fan(s)Laminate CountersPantryPaneling/Wainscoting Window Features BlindsDouble Pane WindowsScreens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsGutter(s)Storm Drain(s)Street LightsSidewalks Garage YN No Gross Income 50880 Gross Scheduled Income 50880 Insurance Expense 1650 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 31154 New Construction YN No New Taxes Expense 6985 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 18708 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 4240 Trash Expense 1825 Utilities Overhead Utilities Vacancy Allowance 1018 Vacancy Allowance Rate 2 Water Sewer Expense 900 Water Source Public Zoning R-P



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-05T09:31:59.717. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Michael Lee of Ryno Company (530-343-2959) and Ryan Vaught of Ryno Company(530-343-2959)