377 E 7th Avenue, Chico, CA 95926

About this property

Updated, clean and fully occupied 5 units in the heart of Chico, CA. This property consists of a 4 unit building consisting of all 1 bedroom units and a newly constructed detached 2 bedroom house. Combined income of all units is over $9300/month. One of the one bedroom units is a fully furnished short term rental unit with several years of documented income averaging $3000/month. The unfurnished 1 bedrooms are approx $1400/mo and the 2 bedroom house is leased for over 2K/month. All leases are month to month. This property is professionally managed and management is willing to stay on if desired. Additionally a private first mortgage is assumable for 450K at 5% for 20 years if desired. See virtual tour and included document package.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history

$1,200,000

Sold January 2023 · listed $1,295,000, on market June 2022 · MLS #SN22134807 · Source: CRMLS

Listing Agent: Ryan Vaught · Listing Office: Ryno Company · Contact: 530-343-2959 · Bought with: General NONMEMBER · NONMEMBER MRML

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