Residential Income - 3403 Silverbell, Chico, CA

Description

This true duplex is a solid investment property on a HUGE .52-acre lot with fruit trees and garden space. Unit A has been updated and rents for $2000 a month and is a spacious 3-bedroom 2-bath with newer double pane windows, HVAC, luxury vinyl flooring, a fireplace and newer washer and dryer and a large back yard with cherry trees, roses, lilacs and lots of shade trees. Unit B rents for $1500 a month. It has 2 good-sized bedrooms and 2 bathrooms and an open kitchen and living room with a fireplace and lots of natural light. It has a sunny patio and good size private back yard. Each unit has its own washer and dryer. 2 electric meters, 2 gas meters and tenants pay utilities. An over-sized carport provides 2 covered spaces and each unit has a storage cabinet in carport. Great rental history and long-term tenants. Situated in an established neighborhood and only a 10-minute drive to Chico State University. The famous Bidwell park is also 10 minutes away. Chico is a bustling college town known for its year-round farmers' markets, excellent restaurants, music, art galleries, award winning hospital and schools and world class outdoor activities. This would be a wonderful low-maintenance investment because the current property manager does a wonderful job and would love to continue managing it. It could also be a multi-generational living situation for someone wanting an urban gardening oasis. Septic has just been pumped.

Property details

Location

3403 Silverbell • Chico, CA 95973

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Listed by

Tierra Hodge · eXp Realty of California, Inc.