316 W 4th Avenue, Chico, CA 95926

About this property

Located off the Esplanade near Enloe and a short bike ride away from Chico State University, this fully occupied 4 unit property has a CAP Rate (including property management) of 6.8%. Two leases are currently month to month and the other two leases are expiring within the next several months. The property also owns an income producing washer and dryer that is currently charging under market price. This complex has tremendous income potential depending and a location that draws college students and young professionals alike. * Please note the interior photo's are of one of the units only.

Listing description from the June 2014 sale, as reported to CRMLS.

Sale history

$370,000

Sold June 2014 · on market January 2014 · MLS #CH14016697 · Source: CRMLS

Listing Agent: Alisha Simpkins · Listing Office: Keller Williams Realty Chico · Contact: 530-809-3700 · Bought with: Deb Sprague · Keller Williams Realty Chico

$280,000

Sold April 2012 · on market March 2012 · MLS #CH12056107 · Source: CRMLS

Listing Agent: Steven Depa · Listing Office: RE/MAX Of Chico · Contact: 530-896-9300 · Bought with: Steven Depa · RE/MAX Of Chico

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