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1 Klondike Ct

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1 & 2 Klondike Court, Located 2 blocks North of Chico State campus this 4 plex has upgraded 4 bedroom 2 bath units all leased until 6/30/2018. Units lease quickly and many are upgraded fully, or partially. Property has a solid rental history and has been professionally managed. Property cashflows well with 30% down, see included financials and proforma. Units are rented for an average of $1150 including water fees and rent. Neighboring Klondike units are leased for as much as $1350/mo.
Directions: W2nd Street to Klondike Court (street sign missing)
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             Address: 1 Klondike Ct Asking Price: $575,000
Lot #: Year Built: 1983
City: Chico Total Units: 4
State: California Total Bldg: 2
Zip: 95926 Floors: Two
County: Butte Beds/Baths: 4 / 2
City or County Apx SqFt: 5,376
APN #: 043-162-026-000 Acres:
.23
Assessor
Additional Parcels: No Price/Unit: $143,750
Complex/Subdiv Price/Bed: $143,750
Builder: Price/SqFt: $106.96
Type: Income Property HOA names:
Status: Active HOA Dues:
Sale Type: Standard HOA Dues 2:
Zoning: 00 Rent Control: No
Senior Commu: No Laundry Equip:
Annual GSI: $54,960 Annual OE: $21,740
Monthly GSI: $4,580 OE: $21,740
GOI: $53,861 Gas: $
NOI: $32,121 Electric: $
Gr Spendable: $ Water/Sewer: $3,000
Garage Income: $ Trash: $1,464
Laundry Income: $ Pool: $
Other Income 1: $ Insurance: $1,100
Other Income 2: $ Licenses: $
Other Inc. Desc: Manager: $5,496
Gross Multiplier: 10.46 Prof. Mgmt: $5,496
Cap Rate: 5.59 Maintenance: $4,000
Vacancy Allow: $            2% Gardener: $480
Land Value: $ Workman's Comp: $
Improvements: $ Furniture Rplcmt: $
Personal Prop: $ Pest Control: $450
Have: Supplies: $
Gross Equity: $ Cable TV: $
Present Loans: $ New Taxes: $5,750
Ann. Loan Pymt: $ Other Expense: $
Listing Date: 11/30/2017 Original Price: $575,000
Today's Date: 1/17/2018 Price Change: $
Days Listed: 48 Current Price: $575,000
Our Client's Bonus: $1,438
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 $1,438 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: 4 Actual Rent: $1,090
# Beds: 4 Total Rent: $4,360
# Baths: 2 Pro Forma: $5,155
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 1
Description:
Number of Units With Approx Unit Sizes Unit Totals
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 2
Units With Dishwasher: 4
Units With Ranges: 4
Units With Refrigerator: 4
# of Units Leased: 4
Total Actual Rent: $4,580
Utilities and Interior
Utilities/Electric Sewer Water

Interior Heating Cooling
- Central Furnace
Flooring Rooms Appliances
Door Window Accessibility Features
Laundry Fireplace Security
- Inside
- Living Room
Exterior
Construction Foundation Roofing
Style Exterior Condition
Road Features Attached Structure Other Structures
- Yes
Garage/Parking Common Walls Fencing
- Assigned

- 1 Common Wall
Lot Pool Spa
- Yard
- None
Community Assoc. Amenities View
- Urban
Financial
Disclosures Terms Possession
- Submit
Assessments Tenant Pays Land Lease
- Cable TV
- Electricity
- Telephone
Tax Info Price Excludes Price Includes

 
Green
Water Conservation Energy Generation Energy Efficient
Neighborhoods, Parks and Areas
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1 Klondike Ct is in: The Avenues - Chico Vecino
1 Klondike Ct is in: West Avenues
1 Klondike Ct
is .11 miles from:
California State University, Chico California State University, Chico
1 Klondike Ct is in: North Campus-Rancheria
Listing Updates
Update Old Value New Value Price Change Date Time
List Date 11/30/2017
Entered in MLS 11/30/2017
Status Active Pending 12/11/2017 7:57 PM
Status Pending Active 12/22/2017 9:41 AM
Status Active Pending 1/8/2018 2:26 PM
Status Pending Active 1/16/2018 5:54 PM
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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 January 16, 2018.
1 Klondike Ct, Chico, California, 95926, was last changed by the listing agent and consequently updated here on: January 17, 2018. All Chico income property for sale and MLS data were last updated here on chicorealestate.net on: January 17, 2018 10:58 PM.