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(626) 893-2817
Gilbert Garcia
1351 Arcadian Avenue, Chico, CA 95926
- $695,000
- List Price
- $695,000
- Status
- ACTIVE
- MLS#
- SN26227624
- Year Built
- 1965
- Lot Size
- 4,356
- Acres
- 0.10
- Lot Location
- 2-5 Units/Acre, Street Level
- Days on Market
- 5
- Property Type
- Multifamily
- Style
- Contemporary
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Beautifully maintained fourplex with one-bedroom one bath units in the avenues. This 4-unit income property has a newer roof, dual-pane windows, and updated units with newer flooring, countertops, appliances, and paint. Low-maintenance grounds, on-site laundry and off-street parking. Fully occupied with great tenants, so you get stable cash flow from day one. A prime Chico location near Enloe Hospital, downtown, and shopping keeps rental demand strong. Ideal for investors with its 6.1% CAP rate and room to increase rents.
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Additional Information
- Appliances
- Electric Range, Refrigerator
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Neighborhood
- Exterior Construction
- Stucco
- Roof
- Flat
- Sewer
- Public Sewer
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $54,938
- Operating Expense
- 12572
Listing courtesy of Listing Agent: Heidi Brandt-Winslow (heidisellschico@gmail.com) from Listing Office: Re/Max of Chico.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.