647 W 1st Avenue Chico, CA 95926
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Don't miss this value added opportunity at 105k/unit!! This property consists of 2 parcels, 647 & 705 W 1st Ave just blocks from CSUC. Both are near identical 6 unit buildings (12 units total). They can be financed together or separate. Each parcel has 4x 2bed/1bath and 2x studio units. Studios are located in front detached buildings, all other units are in the rear. With improvements all units can be brought to market rates which is estimated at $750/mo (studios) and $950/mo (2bedrooms). See full financi Don't miss this value added opportunity at 105k/unit!! This property consists of 2 parcels, 647 & 705 W 1st Ave just blocks from CSUC. Both are near identical 6 unit buildings (12 units total). They can be financed together or separate. Each parcel has 4x 2bed/1bath and 2x studio units. Studios are located in front detached buildings, all other units are in the rear. With improvements all units can be brought to market rates which is estimated at $750/mo (studios) and $950/mo (2bedrooms). See full financial analysis in associated documents. Property has an unused laundry room, 3 storage rooms and open space between mirror properties. Some units have upgrades such as laminate floor.
| a week ago | Listing updated with changes from the MLS | |
| 2 months ago | Status changed to ACTIVE | |
| 2 months ago | Price changed to $1,295,000 | |
| 2 months ago | Status changed to PENDING | |
| 8 months ago | Status changed to ACTIVE | |
| See 2 more | ||
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