2309 North Avenue Chico, CA 95926

$465,000 Closed

About the Property

Please Note: This property has been SOLD

Oh the possibilities! Single family home with a SECOND UNIT on ONE lot within the heart of Chico! This is a fantastic investment opportunity. Live in one property and rent out the other, or use it as a family compound! The total lot is .26 acres. Unit A is a single family home, about 1666 sqft, set back from the street. It has three bedrooms, two full bathrooms (including the master suite), and a laundry room. The kitchen has been upgraded with laminate hardwood flooring, newer soft close cabinetry, laminate countertops and a gas stove/double oven. Unit B has a driveway/off street parking option. The second unit is a well cared for home (approx. 700 sqft), which is a studio with full bathroom and kitchen. Located close to parks, schools, gym, grocery stores, restaurants and freeway access! Don't let this rare opportunity pass you by!

Property Information

Size 2,366 SqFt
Price/SqFt $197
Lot Size 0.26 Acres
Year Built 1950
Property Type Residential Income
Zoning SR
Listing Number SN21236604
Listed 10/27/2021
Modified 3/4/2022
Listing Agent Blake Anderson
Listing Office Re/Max Pacific
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 1
Cooling
  • Central Air
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 27720.00
Gross Scheduled Income
  • 27720.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 24920.00
Operating Expense
  • 1500.00
Pool
  • None
Price Pe rUnit
  • 247000
Sewer
  • Conventional Septic
StoriesTotal
  • 1
Total Expenses
  • 2800.00
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Sidewalks
  • Storm Drains
  • Street Lights
  • Suburban
Tenant Pays
  • Cable TV
  • Electricity
  • Grounds Care
  • Gas
  • Trash Collection
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