745 W 4th Avenue
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$499,000
745 W 4th Avenue
Chico, CA 95926
This is the PERFECT investment opportunity! Ideal location for a rental property! 5 individual units. Located near the college, so there are ALWAYS people needing to rent. Close to Enloe Hospital. All 5 units are consistently rented with long term tenants. Any vacancy is filled in less than a week. All units have a fully fenced back yard, individual mailboxes and individual parking spaces as well as off-street parking. Insurance is current. Brings in approximately $46,000 annually. However, it is currently rented under market value so there is potential for a much higher income.
(Minimal cosmetic updating in progress: touch up landscaping, new bathroom vanity in unit 4, etc)
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Left off of railroad tracks onto West Sac, right onto W 4th Ave, property on the right
Listing Status: Closed
Please Note:This listing was last updated on 12/29/2020. Please contact us for the availability of this property.
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