$425,000
$399,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1744 Oakdale Street Chico, CA 95928
4 Beds
3 Baths
7,841 Sqft Lot
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jennifer Serna • Willow & Birch Realty, Inc