1648 Normal Ave - Multi-Family FOR SALE


Chico, CA 95928
$649,000 USD
530-675-8916
1648 Normal Ave, Chico, CA for Sale
$649,000 USD
Multi-Family - FOR SALE
1/21
null | 5.22% Cap Rate

1648 Normal Ave
Chico, CA 95928


HIGHLIGHTS

  • 3 Minute drive to Downtown
  • 5 minute drive to CSU

OVERVIEW

Well maintained 4-Plex in the Barber District of Chico. 3 Minute drive to Downtown and 5 minute drive to CSU Chico, makes this a desirable rental option for many tenants. This property has been professionally managed, keeping rents at market value and professionally maintaining all units. All units are currently rented with year leases and have had great rental history. Owner pays for Trash and Water. Roof is one year old.

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$295 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,250

CAP RATE

5.22%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

RD-1

APN/PARCEL ID

005-195-004-000

ASK ABOUT THIS PROPERTY

Casey SmythNextHome North Valley RealtyMore Info
530-675-8916

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Casey SmythNextHome North Valley RealtyMore Info
530-675-8916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.