609 Rancheria Dr - Apartments FOR SALE


Chico, CA 95926- Downtown Chico
$1,395,000 USD
530-433-4231
609 Rancheria Dr, Chico, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/37
null | 6.78% Cap Rate

609 Rancheria Dr
Chico, CA 95926
Downtown Chico


OVERVIEW

Great investment near CSUC! This 5 unit complex is clean and has been very well cared for! All 5 units feature 3 spacious bedrooms and 2 bathrooms, full size washer and dryer, updated cabinets, granite counter tops in the kitchen with new stoves, refrigerators and water heaters. The upstairs bedrooms are very large 12'.6" x 16', each with two closets. Dual pane windows were installed in 2007, upgraded Levolor blinds for all windows in 2017 and new roof in 2013. There are very few owner expenses with tenants paying water, gas and electricity.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$171 USD /SF

# OF UNITS

5

PRICE/UNIT

$279,000

CAP RATE

6.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R3

APN/PARCEL ID

043-180-029-000

ASK ABOUT THIS PROPERTY

John BarrosoBarroso Real Estate TeamMore Info
530-433-4231

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

John BarrosoBarroso Real Estate TeamMore Info
530-433-4231

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