530-898-1250
Contact us

Quickly Browse Through All Chico California
Real Estate Right Here

Find Address
Create Account

112 W 20Th St

Click to Email Get more info 530-898-1250
Previous
Next Pause Play
Well maintained 10-unit income property in good location walking distance to Sierra Nevada Brewery, pubs, and restaurants. More importantly, the property offers great cash flow. Here are the actual numbers: $64,800 per year in rents; $17,714 in annual operating expenses; net income of $47,086. At a sales price of $649,900 the CAP rate is 7.25%. You wont find another multi-unit income property with this high of a return. The property has a low vacancy rate and a tenant waiting list. The property requires little maintenance and offers plenty of off-street parking. The building configuration is as follows: main building has 8 one bedroom units ($500/month each); on the back alley is a one bedroom home ($650/month); also on back alley is a two bedroom home ($750/month). Total of 3 buildings plus a storage shed.
Directions: Park Ave to 20th St. Turn West on 20th Street.
Ask about this property
             Address: 112 W 20Th St Asking Price: $649,900
Lot #: Year Built: 1929
City: Chico Total Units: 10
State: California Total Bldg: 3
Zip: 95928 Floors: One
County: Butte Beds/Baths: 4 / 3
City or County Apx SqFt: 3,308
APN #: 005-263-013-000 Acres:
.303
Assessor
Additional Parcels: No Price/Unit: $64,990
Complex/Subdiv Price/Bed: $162,475
Builder: Price/SqFt: $196.46
Type: Income Property HOA names:
Status: Backup HOA Dues:
Sale Type: Standard HOA Dues 2:
Zoning: C2 Rent Control: No
Senior Commu: No Laundry Equip:
Annual GSI: $64,800 Annual OE: $15,770
Monthly GSI: $64,800 OE: $15,770
GOI: $ Gas: $
NOI: $47,086 Electric: $400
Gr Spendable: $ Water/Sewer: $2,400
Garage Income: $ Trash: $1,200
Laundry Income: $ Pool: $
Other Income 1: $ Insurance: $2,500
Other Income 2: $ Licenses: $
Other Inc. Desc: Manager: $
Gross Multiplier: 0 Prof. Mgmt: $
Cap Rate: 0 Maintenance: $1,200
Vacancy Allow: $1,944            3% Gardener: $
Land Value: $ Workman's Comp: $
Improvements: $ Furniture Rplcmt: $
Personal Prop: $ Pest Control: $
Have: Supplies: $
Gross Equity: $ Cable TV: $
Present Loans: $ New Taxes: $6,600
Ann. Loan Pymt: $ Other Expense: $
Listing Date: 7/18/2017 Original Price: $649,900
Today's Date: 11/18/2017 Price Change: $
Days Listed: 122 Current Price: $649,900
Our Client's Bonus: $1,625
Great Service and a Bonus
Feel free to ask for more information, showings, or an objective opinion of value for any property. I have decades of experience selling income property here in Chico and my team and I are ready to work for you!

If you ask me to be your realtor, and you eventually purchase this property through me, I'll share $1,625 of my commission from the seller with you. I offer an incentive for buying almost any property you see here on my website with me as your realtor.

As your realtor, I will work with you to help you find the right property, guide you through the entire buying process, and be there for you after the sale. Getting some of my commission to help reduce your closing costs is just a nice bonus. Take a look at our testimonials and then let us go to work to make you that happy!

Susie Stephens
Owner, Broker, Realtor
Chico Real Estate, Inc.
1250 East Ave. Chico, Ca
530-898-1250
Contact us
Units Description
Type 1
# Units: 8 Actual Rent: $4,000
# Beds: 1 Total Rent: $4,000
# Baths: 1 Pro Forma: $4,000
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 1
Description:
Type 2
# Units: 1 Actual Rent: $750
# Beds: 2 Total Rent: $750
# Baths: 1 Pro Forma: $750
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 2
Description:
Type 3
# Units: 1 Actual Rent: $650
# Beds: 1 Total Rent: $650
# Baths: 1 Pro Forma: $650
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 3
Description:
Number of Units With Approx Unit Sizes Unit Totals
Separate Electric Meters: 10
Separate Gas Meters: 3
Separate Water Meters: 1
Units With Ranges: 10
Units With Refrigerator: 10
Units With Wall AC: 9
Bed 1 Avg Apx SqFt: 500
Bed 2 Avg Apx SqFt: 850
# of Units Leased: 0
Total Actual Rent: $
Utilities and Interior
Utilities/Electric Sewer Water
- Sewer Connected

Interior Heating Cooling
- Bar
- Wall Heater
- Natural Gas
- Wall Window
Flooring Rooms Appliances
Door Window Accessibility Features
Laundry Fireplace Security
- None
- None
Exterior
Construction Foundation Roofing
- Drywall Walls
- Stucco
- Slab
- Asphalt
Style Exterior Condition
- Bungalow
Road Features Attached Structure Other Structures
- City Street
- Paved
- Yes
Garage/Parking Common Walls Fencing
- Unassigned

- 2+ Common Walls
- Wood
Lot Pool Spa
- 11-15 Units/Acre
- None
Community Assoc. Amenities View
- Sidewalks
- Storm Drains
- Street Lighting
- Neighborhood
Financial
Disclosures Terms Possession
- Cash
- Cash To Existing Loan
- Private Financing Available
Assessments Tenant Pays Land Lease
- Unknown
- Electricity
Tax Info Price Excludes Price Includes

 
Green
Water Conservation Energy Generation Energy Efficient
Neighborhoods, Parks and Areas
Each neighborhood below has a profile page with information and stats.
Some areas also have photos, video, and comments.
112 W 20Th St is in: South West Streets
112 W 20Th St
is .28 miles from:
Rotary Park Rotary Park
Top
~ Click on any photo below to enlarge or print it ~
112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale 112 W 20TH ST, Chico CA, 95928, home for sale

Information provided to the MLS courtesy of Mccrady, Michael of Michael Mccrady, Broker.

Please verify all information before relying on it. There may be a difference between actual and provided information. Based on information from California Regional Multiple Listing Service, Inc. as of October 28, 2017.
112 W 20Th St, Chico, California, 95928, was last changed by the listing agent and consequently updated here on: October 29, 2017. All Chico income property for sale and MLS data were last updated here on chicorealestate.net on: November 18, 2017 6:05 AM.