917 W Sacramento Avenue Chico, CA 95926

$2,975,000 Active

About the Property

Brand new just completed!!! Tenants are in and already fully leased for next year!! Eight units total with three bedrooms and three bathrooms, full size washer and dryers, stainless steel appliances with two car garages with openers in every unit. Appliances include Oversized refrigerators, microwaves, dishwashers, and garbage disposals included with those full size washers and dryers. On top of all this each unit has its own tankless water heater for endless hot water!! Fully landscaped with sprinklers and separate water meters for each and every unit. Granite counter tops, plank flooring and your own covered deck on the second floor. Located next to campus with the Safeway shopping center right across the street. Units are leased for $2,100.00 per unit!!

Property Information

Size 15,336 SqFt
Price/SqFt $194
Lot Size 0.35 Acres
Year Built 2019
Property Type Residential Income
Zoning C1
Listing Number SN18293851
Listed 12/21/2018
Modified 4/4/2019
Listing Agent Jim Aguilar
Listing Office Century 21 Select Real Estate, Inc.
Total Building 4
Total Units 8

Property Features

# Electric Meters
  • 9
# Gas Meters
  • 8
# Units Leased
  • 8
# Water Meters
  • 9
Construction Materials
  • Stucco
Cooling
  • Central Air
Exterior
  • Rain Gutters
Fireplace
  • None
Flooring
  • See Remarks
Garage Spaces
  • 8.00
Gross Income
  • 201600.00
Gross Scheduled Income
  • 201600.00
Heating
  • Central
Levels
  • Three Or More
Net Operating Income
  • 144117.00
Operating Expense
  • 57483.00
Parking Total
  • 8.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 3
Style
  • Contemporary
Total Actual Rent
  • 16800.00
Total Expenses
  • 57483.00
Views
  • Neighborhood
Water Source
  • Public
Fencing
  • Chain Link
  • Excellent Condition
Interior
  • Ceiling Fan(s)
  • Granite Counters
  • Living Room Deck Attached
  • Recessed Lighting
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
  • Sewer
  • Water
Community Features
  • Curbs
  • Gutters
  • Sidewalks
  • Storm Drains
  • Street Lights
  • Urban
Utilities
  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Underground Utilities
  • Water Connected