1175 Hobart Street Chico, CA 95926

$475,000 Active

About the Property

Prime investment opportunity in a prime Chico location... Just blocks to CSUC, this two-unit classic avenues charmer offers a light and bright 2 bedroom/1 bath upstairs and a great 4 bedroom/2 bath downstairs. With a fantastic rental history, and tons of pride-of-ownership, this is one that will provide you with steady cash flow today and long-term appreciation for the future as well. Could also be perfect for an owner-occupant that would like to supplement their income/offset their mortgage with the rent from additional unit... In addition to the existing duplex the property also offers a great covered carport/storage area and HUGE backyard with alley access as well.

Property Information

Size 1,960 SqFt
Price/SqFt $242
Lot Size 0.22 Acres
Year Built 1922
Property Type Residential Income
Zoning R3
Listing Number SN22070064
Listed 4/7/2022
Modified 5/16/2022
Listing Agent Dan Bosch
Listing Office Re/Max of Chico
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 2
Community Features
  • Storm Drains
Garage Spaces
  • 0.00
Gross Income
  • 36000.00
Gross Scheduled Income
  • 36000.00
Pool
  • None
Price Pe rUnit
  • 237500
Sewer
  • Public Sewer
Water Source
  • Public
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