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1122 Stewart Avenue, Chico, CA 95926
Priced at Only: $1,049,000
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Mobile: 714.478.6676
Address: 1122 Stewart Avenue, Chico, CA 95926
Property Photos
Property Location and Similar Properties
- MLS#: SN24217204 ( Quadruplex )
- Street Address: 1122 Stewart Avenue
- Viewed: 1
- Price: $1,049,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1908
- Bldg sqft: 0
- Days On Market: 71
- Additional Information
- County: BUTTE
- City: Chico
- Zipcode: 95926
- Provided by: Ryno Company
- Contact: Michael Michael
- DMCA Notice
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DescriptionExceptional four unit investment property in a sought after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3 bedroom, 1 bath units and two 2 bedroom, 1 bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the propertys strong rental history, makes it a wise investment with immediate income potential. Key Features: 4 units with functional layouts Prime location near Chico State, shopping, and dining Strong rental history with excellent income potential Off street parking and shared outdoor spaces Ideal for investors seeking stable, long term returns Potential to add an additional unit at the rear of the property (utilities already trenched) Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms New mini split air conditioning (3 years old) in each unit Washer and dryer in all units except unit 2 Whether you're looking for a property with reliable rental income or a low maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender. Please do not disturb tenants. No showings without an accepted offer.
Features
Appliances
- Built-In Range
- Dishwasher
- Gas Oven
- Microwave
- Refrigerator
- Water Heater
Association Fee
- 0.00
Building Area Total
- 2489.00
Commoninterest
- None
Common Walls
- No Common Walls
Cooling
- Ductless
Country
- US
Current Financing
- Conventional
Electric Expense
- 120.00
Entry Location
- Front
Fireplace Features
- None
Flooring
- Laminate
Fuel Expense
- 0.00
Garage Spaces
- 0.00
Heating
- Ductless
Insurance Expense
- 2500.00
Interior Features
- Ceiling Fan(s)
- Open Floorplan
Laundry Features
- Dryer Included
- Washer Included
Levels
- One
Lockboxtype
- None
Lot Features
- 2-5 Units/Acre
- Level with Street
- Rectangular Lot
- Near Public Transit
- Paved
Netoperatingincome
- 47481.00
Parcel Number
- 043241016000
Parking Features
- Gravel
- Paved
- Off Street
Pool Features
- None
Property Type
- Quadruplex
Property Condition
- Turnkey
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 425603452:CRM
Spa Features
- None
Totalexpenses
- 28959.00
Trash Expense
- 1200.00
Vacancyallowance
- 1560
Water Sewer Expense
- 1200.00
Water Source
- Public
Year Built
- 1908
Year Built Source
- Public Records
Zoning
- R1
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com