1744 Oakdale Street, Chico, CA 95928
Duplex
Sold April 2024
Listing Agent: Matthew Herman (DRE #01505777) · Listing Office: Keller Williams Realty Chico Area · Contact: 530-809-3700 · Bought with: Jennifer Serna · Willow & Birch Realty, Inc · MLS #SN24040612 · Source: CRMLS
About this duplex
Solid Investment Opportunity: Duplex with Strong Rental History of almost $3000 gross rents per month. Explore this investment duplex, offering a practical entry into real estate ownership. The main house spans 1,500 sq ft with 3 bedrooms and 2 bathrooms, featuring an updated kitchen, in-unit washer and dryer, and central heat and air. It also includes a fenced backyard for outdoor activities. The second unit, an 500 sq ft studio, comes with its own washer and dryer, adding convenience for tenants. Newer roof. With a Gross Rent Multiplier (GRM) of 11, this property presents itself as a cash-flowing asset from the outset. It's an ideal choice for those looking to start or expand their investment portfolio, especially for first-time investors keen on stepping into the real estate market. This property is a capable investment that requires some attention but promises a steady income stream in a reliable rental market.
Listing description from the April 2024 sale, as reported to CRMLS.
Sale history