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Berkshire Hathaway HomeServices Ca Properties
1288 W Sacramento, Chico, CA 95926
- $1,590,000
- List Price
- $1,590,000
- Status
- ACTIVE
- MLS#
- SN26212858
- Year Built
- 2007
- Lot Size
- 23,522
- Acres
- 0.54
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Townhouse
- Stories
- Two Levels
Property Description
Prime 8-unit multi-family property located within walking distance of the Chico State campus, dining, and retail. Built in 2007, this well-maintained asset consists of eight 3-bedroom, 2-bathroom townhomes. Each unit features a spacious open-concept living and kitchen area, an attached 1-car garage, and in-unit washer/dryer hookups. Owner-operated since construction, the property reflects true pride of ownership with a pristine exterior, well-conditioned interiors, and manicured landscaping. Boasting a low historical vacancy rate, this turnkey asset delivers a strong 7.4% cash-on-cash return even with below-market rents.
Additional Information
- Taxes
- $15,162
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 8
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $167,400
- Operating Expense
- 49328
Listing courtesy of Listing Agent: Mike McCrady (mwm@shasta.com) from Listing Office: Michael McCrady, Broker.
Mortgage Calculator
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.