827 W 2nd Avenue, Chico, CA 95926

About this property

Prime Investment Property with Development Potential for more units! This property is located Close to Chico State, downtown and shopping. The current home offers a 4 bedroom 1 and 1/2 baths with hardwood floors, updated bathrooms, a large backyard, open floor plan and indoor laundry. It's currently rented at $2,300 per month with new tenants on a 1 year lease. This lot has the potential for additional units to be built. The seller has plans drawn for a triplex to be built on the back portion of the lot consisting of Three, Two story, 2 bedroom 2 bath units to maximize your ROI. Current home includes leased solar from Tesla to lower your tenants utility costs. This property is a great investment with the ability to expand!! Click on the 3D tour to see this home.

Listing description from the October 2020 sale, as reported to CRMLS.

Sale history

$324,000

Sold October 2020 · listed $325,000, orig. $335,000, on market June 2020 · MLS #SN20112866 · Source: CRMLS

Listing Agent: Rick Sufuentes · Listing Office: Parkway Real Estate Co. · Contact: 530-592-3432 · Bought with: Rick Sufuentes · Parkway Real Estate Co.

$280,000

Sold January 2019 · listed $274,999, orig. $285,000, on market February 2018 · MLS #SN18086755 · Source: CRMLS

Listing Agent: Hobie Jensen · Listing Office: Newton Realty · Contact: 530-354-5426 · Bought with: B.J. Parsons · Parkway Real Estate Co.

$235,000

Sold October 2016 · listed $240,000, orig. $270,000, on market July 2016 · MLS #CH16148035 · Source: CRMLS

Listing Agent: Hobie Jensen · Listing Office: Newton Realty · Contact: 530-354-5426 · Bought with: Hobie Jensen · Newton Realty

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