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1309 Jackson St

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Check out this occupied and easily managed investment property in Chico. Property is a total of 4 units, (2) studios, and (2) 1 bedrooms. Rents are between $500/mo and $675/mo, making this some of the most affordable units in Chico. Investigate the option of building additional units to increase your ROI. At 78K/unit this is already the best price per unit in town for highly demanded 1 bedroom and studio units.
Directions: Off Wisconsin
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             Address: 1309 Jackson St Asking Price: $315,000
Lot #: Year Built: 1930
City: Chico Total Units: 4
State: California Total Bldg: 2
Zip: 95928 Floors: One
County: Butte Beds/Baths: 1 / 2
City or County Apx SqFt: 1,476
APN #: 005-385-010-000 Acres:
.22
Assessor
Additional Parcels: No Price/Unit: $78,750
Complex/Subdiv Price/Bed: $315,000
Builder: Price/SqFt: $213.41
Type: Income Property HOA names:
Status: Active HOA Dues:
Sale Type: Standard HOA Dues 2:
Zoning: AR Rent Control: No
Senior Commu: No Laundry Equip:
Annual GSI: $28,200 Annual OE: $10,937
Monthly GSI: $2,350 OE: $10,937
GOI: $ Gas: $
NOI: $16,417 Electric: $
Gr Spendable: $ Water/Sewer: $540
Garage Income: $ Trash: $600
Laundry Income: $ Pool: $
Other Income 1: $ Insurance: $2,064
Other Income 2: $ Licenses: $
Other Inc. Desc: Manager: $2,188
Gross Multiplier: 11.17 Prof. Mgmt: $2,188
Cap Rate: 5.21 Maintenance: $1,000
Vacancy Allow: $ Gardener: $1,080
Land Value: $ Workman's Comp: $
Improvements: $ Furniture Rplcmt: $
Personal Prop: $ Pest Control: $
Have: Supplies: $
Gross Equity: $ Cable TV: $
Present Loans: $ New Taxes: $3,465
Ann. Loan Pymt: $ Other Expense: $
On Market:
2/27/2018
Original Price: $315,000
Days On Market:
55 days
Listing History
Price Change: $
Current Price: $315,000
Get Your Gift: $788
Great Service and a Gift
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 $788 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: 2 Actual Rent: $500
# Beds: Total Rent: $500
# Baths: 1 Pro Forma: $650
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 1
Description:
Type 2
# Units: 2 Actual Rent: $675
# Beds: 1 Total Rent: $675
# Baths: 1 Pro Forma: $750
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 2
Description:
Number of Units With Approx Unit Sizes Unit Totals
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
# of Units Leased: 4
Total Actual Rent: $2,350
Utilities and Interior
Utilities/Electric Sewer Water

- Conventional Septic
Interior Heating Cooling
Flooring Rooms Appliances
Door Window Accessibility Features
Laundry Fireplace Security
- None
Exterior
Construction Foundation Roofing
Style Exterior Condition
Road Features Attached Structure Other Structures
- Yes
Garage/Parking Common Walls Fencing

- 2+ Common Walls
Lot Pool Spa
- Yard
- None
Community Assoc. Amenities View
- Urban
Financial
Disclosures Terms Possession
- Submit
Assessments Tenant Pays Land Lease
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.
1309 Jackson St is in: Chapman Neighborhood
1309 Jackson St
is .23 miles from:
Community Park Community Park
1309 Jackson St
is .29 miles from:
Dorothy F. Johnson Center Dorothy F. Johnson Center
Listing History The current listing's status, price, and update history
Update Old Value New Value Price Change Date Time
List Date 2/27/2018
On Market Date 2/27/2018
23 new photos 0 23 2/27/2018 2:22 PM
Top
~ Click on any photo below to enlarge or print it ~
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Information provided to the MLS courtesy of Vaught, Ryan (Bre#: 01444141) of Ryno Company.

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 February 27, 2018.
1309 Jackson St, Chico, California, 95928, was last changed by the listing agent and consequently updated here on: February 28, 2018. All Chico income property for sale and MLS data were last updated here on chicorealestate.net on: April 23, 2018 7:52 PM.