765 Humboldt Avenue, Chico, CA, CA 95928

$965,000

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List Price
$965,000
Status
ACTIVE
MLS#
SN26074670
County
Butte
Year Built
1885
Building Square Feet
2,615
Square Feet
10,019
Days on Market
116
Property Type
Multifamily
Stories
Two Levels

Property Description

765 Humboldt Avenue is a well-maintained 6-unit multifamily property located in Chico, California. The asset features an attractive unit mix of five (5) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit - an appealing unit mix for the area. Over the past four years, the property has undergone extensive capital improvements, including new exterior siding, fresh paint, foundation enhancements, and full interior renovations across all six units. The asset is currently fully occupied, providing immediate and stable cash flow for a new owner.

Additional Information

Parcel Number
004450009000
Rent Control
Yes
Gross Scheduled Income
$94,284
Operating Expense
32982
Net Operating Income
$61,302
Number of Buildings
2
Lot Features
6-10 Units/Acre
Sewer
Public Sewer
Water
Public
Community Features
Biking, Park, Sidewalks

Listing courtesy of Listing Agent: Spencer Moyer (smoyer@alivecre.com) from Listing Office: Alive Commercial Real Estate.

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Calculator source: Real Geeks

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.