Address
1425 W 7th Street, Chico, CA
Price
$ 349,900
Property Attributes
  • MLS#224012282
  • TypeIncome
  • CountyBUTTE
  • CityChico
  • Area12548
  • Zip95928
  • StyleDuplex
  • Price$ 349,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,227 SqFt
Data Source:
MetroList MLS
Property Description

Excellent opportunity to acquire the most affordable duplex in Chico! Each unit is a 1 bed/1 bath with open living room and kitchen. There is a shared onsite laundry facility. Large fenced backyard. Low maintenance Stucco exterior and comp roof. Tenants are month to month and new owners have the ability to raise rent on day 1. Separate electrical and gas meters. Owner pays water, sewer and trash. Great investment opportunity with stabilized tenants at below market rents, allowing the opportunity to increase income by raising rents to market rate.

Price History
2/10/2024 Listed $349,900

General Features

Sewer Public Sewer
Heating Wall Furnace
Cooling Wall Unit(s)
Utilities Natural Gas Connected
Roof Composition
Appliances Free Standing Gas Range,Free Standing Refrigerator
Exterior Features Yard Space
Unit 2 Rent 745
Unit 1 Rent 640
Garage Spaces 0.0
Construction Materials Stucco,Frame,Wood Siding
Year Built 1972
Tenant Pays Electricity,Gas
Stories 1
Levels One
Property SubType Duplex
County Butte
Property Type ResidentialIncome
HOA / Comm Assn No
Close Price 0.0
Status Active
Directions From Hwy 99,exit CA-32 W/ W 8 th St. R on Walnut St,L on 7 th St,R on Hickory,L on W 7 th .
City Chico
Buyer Agent Compensation 2.5
High School District Chico Unified
Zoning Description R2
Open Parking Spaces 3.0
Total Units 2
MLS Area 12548
Lot Size Square Feet 5227.0
Carport Spaces 0.0
Street Name 7th
Standard Status Active
Middle/Junior School District Chico Unified
Elementary School District Chico Unified
Year Built Source Assessor Agent-Fill
Buyer Agent Compensation Type Percent

Interior Features

Basement None
Flooring Carpet,Linoleum
Total Stories 1
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit1Bedrooms 1
Unit2Bedrooms 1
Street Suffix Street
Laundry Features In Common Area,Washer/Dryer Owned
Unit 1 Bedroom Units Total 2

Exterior Features

Parking Features Street
Lot Features Other
Water Source Public
Total Parking 3.0
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.12
Lot Size Source Assessor Agent-Fill
Covered Spaces 0.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95928

Price
AVG $310K
$350K
Visits
AVG 153
34
Data Provided by Inside Real Estate®
Year Built
AVG 1930
1972

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