131 W 3rd, Chico, CA 95926

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List Price
$784,900
Status
ACTIVE
MLS#
SN26224163
Year Built
1963
Lot Size
6,098
Acres
0.14
Lot Location
6-10 Units/Acre
Days on Market
7
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Two houses on one lot, with a duplex up front and an Airbnb in back that nets about $3,000 a month. The front house at 131 W 3rd is a 3 bed/1 bath and a 2 bed/1 bath, both in place and producing rent. Behind it, 133 W 3rd is a self-standing house with a two-car garage. Live in the back house and let the duplex carry the property, or keep the Airbnb working and move into a front unit. Beneath the front house is a finished lower level that connects to the units above through an interior stair, and each lower-level space also has its own private entrance, kitchen, and bath already built. Use it as bonus space for the upstairs units and rent them as larger floor plans with the bedrooms staying upstairs, or take a unit and its lower level as your own two-level home. A buyer who solves the egress can also pursue separate suites down the road.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Heat
Forced Air
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$68,328
Operating Expense
23923

Listing courtesy of Listing Agent: Matthew Herman (matt@legacyinvestmentsre.com) from Listing Office: Keller Williams Realty Chico Area.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.