Chico, CA 95928,1744 Oakdale Street
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Chico, CA 95928,1744 Oakdale Street
Chico, CA 95928,1744 Oakdale Street
Chico, CA 95928,1744 Oakdale Street
Chico, CA 95928,1744 Oakdale Street

$425,000

Est. payment /mo

$399,000

6.5%
Est.Price: ?

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1744 Oakdale Street Chico, CA 95928

4 Beds

3 Baths

7,841 Sqft Lot

SOLD DATE : 04/16/2024

Key Details

Sold Price $425,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN24040612

Sold Date 04/16/24

Bedrooms 4

HOA Y/N No

Lot Size 7,841 Sqft

Property Description

Solid Investment Opportunity: Duplex with Strong Rental History of almost $3000 gross rents per month. Explore this investment duplex, offering a practical entry into real estate ownership. The main house spans 1,500 sq ft with 3 bedrooms and 2 bathrooms, featuring an updated kitchen, in-unit washer and dryer, and central heat and air. It also includes a fenced backyard for outdoor activities. The second unit, an 500 sq ft studio, comes with its own washer and dryer, adding convenience for tenants. Newer roof. With a Gross Rent Multiplier (GRM) of 11, this property presents itself as a cash-flowing asset from the outset. It's an ideal choice for those looking to start or expand their investment portfolio, especially for first-time investors keen on stepping into the real estate market. This property is a capable investment that requires some attention but promises a steady income stream in a reliable rental market.
Solid Investment Opportunity: Duplex with Strong Rental History of almost $3000 gross rents per month. Explore this investment duplex, offering a practical entry into real estate ownership. The main house spans 1,500 sq ft with 3 bedrooms and 2 bathrooms, featuring an updated kitchen, in-unit washer and dryer, and central heat and air. It also includes a fenced backyard for outdoor activities. The second unit, an 500 sq ft studio, comes with its own washer and dryer, adding convenience for tenants. Newer roof. With a Gross Rent Multiplier (GRM) of 11, this property presents itself as a cash-flowing asset from the outset. It's an ideal choice for those looking to start or expand their investment portfolio, especially for first-time investors keen on stepping into the real estate market. This property is a capable investment that requires some attention but promises a steady income stream in a reliable rental market.

Location

State CA

County Butte

Area Chico (95928)

Zoning Public Rec

Interior

Cooling Central Forced Air

Building

Story 1

Lot Size Range 7500-10889 SF

Sewer Sewer Connected

Level or Stories 1 Story

Others

Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA

Space Rent $1,902

Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA

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San Diego Regional MLS (SDMLS)
Listed by Matthew Herman • Keller Williams Realty Chico Area
Bought with Jennifer Serna • Willow & Birch Realty, Inc
agent

Tadd Bennett

Broker | License ID: 01926503

+1(760) 222-7717

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