This true duplex is a solid investment property on a HUGE .52-acre lot with fruit trees and garden space. Unit A has been updated and rents for $2000 a month and is a spacious 3-bedroom 2-bath with newer double pane windows, HVAC, luxury vinyl flooring, a fireplace and newer washer and dryer and a large back yard with cherry trees, roses, lilacs and lots of shade trees. Unit B rents for $1500 a month. It has 2 good-sized bedrooms and 2 bathrooms and an open kitchen and living room with a fireplace and lots of natural light. It has a sunny patio and good size private back yard. Each unit has its own washer and dryer. 2 electric meters, 2 gas meters and tenants pay utilities. An over-sized carport provides 2 covered spaces and each unit has a storage cabinet in carport. Great rental history and long-term tenants. Situated in an established neighborhood and only a 10-minute drive to Chico State University. The famous Bidwell park is also 10 minutes away. Chico is a bustling college town known for its year-round farmers' markets, excellent restaurants, music, art galleries, award winning hospital and schools and world class outdoor activities. This would be a wonderful low-maintenance investment because the current property manager does a wonderful job and would love to continue managing it. It could also be a multi-generational living situation for someone wanting an urban gardening oasis.
Bedrooms
5
Bathrooms
4
Square Feet
2,241
Lot Size
22,651 sqft
Year Built
1980
Property Type
Duplex
Days on Market
0
HOA Fee
N/A
Garage Total
0
MLS #
SN26167202
Interior Features
Built In Features, Ceiling Fans, Storage, All Bedrooms Down, Bedroom On Main Level, Main Level Primary, Multiple Primary Suites
Flooring
Carpet, Vinyl
Fireplace
Living Room, Masonry, Wood Burning
Appliances
Dishwasher, Electric Range, Refrigerator, Water Heater, Dryer, Washer
Laundry
Electric Dryer Hookup, Inside, Laundry Closet
Main Level Bedrooms
5
Main Level Bathrooms
4
Cooling
Central Air, Energy Star Qualified Equipment
Heating
Central
Total Parking Spaces
4
Carport Spaces
2
Open Parking Spaces
2
Parking Features
Attached Carport, Driveway, Paved
Fencing
Cross Fenced, Fair Condition, Needs Repair
Foundation
Slab
Roof
Composition
Lot Features
Two To Five Units Acre, Back Yard, Front Yard, Garden, Lawn, Landscaped, Near Park, Near Public Transit, Paved, Rectangular Lot, Walkstreet, Yard
Spa Features
Above Ground, Private, See Remarks
Sewer
Septic Tank
Water Source
Public
Biking, Curbs, Dog Park, Foothills, Fishing, Golf, Hiking, Horse Trails, Hunting, Near National Forest, Urban, Water Sports, Park
$0
| Rating | School Name |
|---|---|
8 | Shasta Elementary Elementary School |
1 | Center for Alternative Learning Elementary School |
1 | Oakdale Elementary School |
1 | Fair View High (Continuation) High School |
N/A | Academy for Change High School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features