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390 White AVE Chico, CA 95926
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Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSN25015903
Sold Date 02/18/25
Originating Board California Regional MLS
Year Built 1979
Lot Size 0.290 Acres
Property Sub-Type Fourplex
Property Description
Welcome to your next great investment! This centrally located four-unit property offers incredible income potential and peace of mind, even with a unit vacant. Each unit is approximately 900 sq. ft, featuring 2 bedrooms and 1 bathroom, and rents for approximately $1,150 per month. With rental income that can cover your mortgage even if one unit is unoccupied, this property is a smart additional to any portfolio! Unit 1 has been recently updated with laminate wood flooring in the kitchen, fresh interior paint, plush carpet, and an updated bathroom featuring a brand-new shower/tub. The other units also feature updates throughout. Beyond rental income, this property includes an on-site laundry room with coin-operated machines, providing an additional revenue stream. On-site parking is available for all tenants, offering added convenience. This property is connected to City Sewer, features a newer roof, and has a history of long-term tenants. Centrally located with easy freeway access, close to schools, shopping and local amenities, this property is a gem that offers both convenience and profitability. Whether you're a seasoned investor or looking to begin building your portfolio, this 4-plex offers a rare opportunity in the heart of Chico! Schedule your showing today and start earni
Location
State CA
County Butte
Rooms
Kitchen Hood Over Range, Oven - Self Cleaning, Exhaust Fan, Oven Range - Electric, Oven Range, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Laundry In Laundry Room, 30, Other, Washer, Washer/Dryer - Owned, Community Facility, 9
Exterior
Parking Features Unassigned Spaces, Common Parking Area, Off-Street Parking, Other, Parking Area, Uncovered Parking
Garage Spaces 8.0
Pool 31, None
View Local/Neighborhood
Roof Type Composition
Building
Lot Description Trees, Grade - Level
Foundation Concrete Slab
Water Hot Water, District - Public
Others
Tax ID 006290009000
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Bought with Brandi Laffins