1128 W 5th Street
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$295,000
1128 W 5th Street
Chico, CA 95928
This updated 3 bedroom 1 bath home is located just blocks from CSUC and downtown Chico. Currently leased for $1690/mo Lease ends 6/30/21 and provides buyer an opportunity to adjust rents further. Property is on city sewer and water. Per discussions with the City of Chico, property is been preliminary approved to build a 2 bedroom 1 bath ADU unit in the rear with an estimated cost of $150K. No submittals have been made. Additional rent estimated from the second unit is $1495/mo. Walk out basement provides additional storage. Buyer to investigate this development potential fully to their own satisfaction. Don't miss this never empty rental property with value-add opportunity.
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W 5th past Nord/Walnut
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Please Note:This listing was last updated on 8/19/2021. Please contact us for the availability of this property. This property may have been sold or removed for another reason.
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