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1131 W 6th Street

Chico, CA 95928
  • $639,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: ML81912833
UPDATED: 40 min ago
$639,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,105
    SQFT
  • $304
    $/SQFT
Type:
Multi-Family
Built:
1895
County:

School Ratings & Info

School District:
Listing Agent(s): Bjorn Berg of Exp Realty Of California Inc ((888) 584-942---)


Description

Two homes for the price of one! This level quarter acre lot in the heart of Downtown Chico has two updated homes that present ample opportunity. The incredible location puts you at the center of the action, making this a very desirable rental. Your'e a short walk to Chico State and all the Bars + Restaurants in Historic Downtown Chico, and only 1.3 miles from Bidwell Park. The main home is a vacant, freshly updated 4 bed/2 bath + a spacious Bonus Room; current market rent is $2,800/month. The second home is a 2 bed/2 bath, currently rented to great tenants at $1,495/mo. With both units rented, you can bring in aprox $4,295/mo! You could also live in one unit, rent the other, or use both homes as a family complex. Additionally, the R3 Zoning may allow for the development of additional units - buyer to verify with City of Chico Planning. Seller is offering to buy down buyer's interest rate Two Points with a full price offer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-06T16:32:09.97. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker C&C Properties. Licensed in the State of California, USA.
www.realestateredding.com/homes/134812424
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1131 W 6th Street Chico, CA 95928

  • Price: $639,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 40 min ago
  • ID#: ML81912833
0
Beds
0
Baths
0
½ Baths
0.26
Acres
2,105
SQFT
$304
$/SQFT
1895
Built
County:
Butte
School District:
Chico Unified
Property Description
Two homes for the price of one! This level quarter acre lot in the heart of Downtown Chico has two updated homes that present ample opportunity. The incredible location puts you at the center of the action, making this a very desirable rental. Your'e a short walk to Chico State and all the Bars + Restaurants in Historic Downtown Chico, and only 1.3 miles from Bidwell Park. The main home is a vacant, freshly updated 4 bed/2 bath + a spacious Bonus Room; current market rent is $2,800/month. The second home is a 2 bed/2 bath, currently rented to great tenants at $1,495/mo. With both units rented, you can bring in aprox $4,295/mo! You could also live in one unit, rent the other, or use both homes as a family complex. Additionally, the R3 Zoning may allow for the development of additional units - buyer to verify with City of Chico Planning. Seller is offering to buy down buyer's interest rate Two Points with a full price offer.
Exterior Features

Carport Spaces 0 Foundation Details Slab Parking Features Uncovered Parking Total 6 Roof Shingle

Interior Features

Accessibility Features None Cooling Central AirWall/Window Unit(S) Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association YN No Cap Rate 6.17 Disclosures Flood Plain Disclosure Garage YN No Gross Scheduled Income 51540 Insurance Expense 3107 Listing Agreement Seller Reserved Maintenance Expense 1000 Other Expense 0 Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 7987 Trash Expense 0 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-06T16:32:09.97. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker C&C Properties. Licensed in the State of California, USA.
 
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Coldwell Banker C&C Properties
2120 Churn Creek Rd.
Redding CA, 96002
Listing Agent(s): Bjorn Berg of Exp Realty Of California Inc ((888) 584-942---)