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435 Maple St

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Great investment property that has been recently updated. Four-plex .8 miles from CSU Chico, with off street parking. All units are four bedrooms and two full bathrooms in one building. Recent updates include: new interior paint, carpet, counter tops, built-ins in living room, appliances, light fixtures, ceiling fans in all bedrooms, interior doors, exterior paint and landscaping. Owned coin operated laundry provides additional income. Kitchen is open to spacious eating area and living room. Property also has been connected to city sewer. With all the renovations done to this property, maintenance expenses will be low, and fully rented, property produces an 8.7% Cap Rate. Actual Rents X 12 + Laundry Income = Gross Income; Gross Scheduled Income calculated from Rent Proforma. (Square footage, bed/baths , & lot size taken county records. This information has not been verified by agent. The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy Buyer is advised to investigate to their satisfaction. Any information of special interest should be obtained through independent verification.)
Directions: From 5th Street go North on Maple
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             Address: 435 Maple St Asking Price: $785,000
Lot #: Year Built: 1983
City: Chico Total Units: 4
State: California Total Bldg: 1
Zip: 95928 Floors: Two
County: Butte Beds/Baths: 16 / 8
City or County Apx SqFt: 4,500
APN #: 004-105-016-000 Acres:
.19
Assessor
Additional Parcels: No Price/Unit: $196,250
Complex/Subdiv Price/Bed: $49,062.5
Builder: Price/SqFt: $174.44
Type: Income Property HOA names:
Status: Backup HOA Dues:
Sale Type: Standard HOA Dues 2:
Zoning: Rent Control: No
Senior Commu: No Laundry Equip:
Annual GSI: $93,120 Annual OE: $19,840
Monthly GSI: $54,120 OE: $19,840
GOI: $ Gas: $
NOI: $68,720 Electric: $600
Gr Spendable: $ Water/Sewer: $1,560
Garage Income: $ Trash: $612
Laundry Income: $1,920 Pool: $
Other Income 1: $ Insurance: $1,784
Other Income 2: $ Licenses: $
Other Inc. Desc: Manager: $5,472
Gross Multiplier: 0 Prof. Mgmt: $5,472
Cap Rate: 8.7 Maintenance: $
Vacancy Allow: $4,560 Gardener: $
Land Value: $ Workman's Comp: $
Improvements: $ Furniture Rplcmt: $
Personal Prop: $ Pest Control: $
Have: Supplies: $
Gross Equity: $ Cable TV: $
Present Loans: $ New Taxes: $9,812
Ann. Loan Pymt: $ Other Expense: $
Listing Date: 9/18/2017 Original Price: $785,000
Today's Date: 11/23/2017 Price Change: $
Days Listed: 65 Current Price: $785,000
Our Client's Bonus: $1,962
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 $1,962 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: 1 Actual Rent: $475
# Beds: 4 Total Rent: $475
# Baths: 2 Pro Forma: $1,900
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 1
Description:
Type 2
# Units: 1 Actual Rent: $1,500
# Beds: 4 Total Rent: $1,500
# Baths: 2 Pro Forma: $1,900
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 2
Description:
Type 3
# Units: 1 Actual Rent: $950
# Beds: 4 Total Rent: $950
# Baths: 2 Pro Forma: $1,900
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 3
Description:
Type 4
# Units: 1 Actual Rent: $1,425
# Beds: 4 Total Rent: $1,425
# Baths: 2 Pro Forma: $1,900
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 4
Description:
Number of Units With Approx Unit Sizes Unit Totals
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
# of Units Leased: 0
Total Actual Rent: $
Utilities and Interior
Utilities/Electric Sewer Water

Interior Heating Cooling
- Built-Ins
- Ceiling Fan
- Open Floor Plan
- Unfurnished
- Central Furnace
- Central
Flooring Rooms Appliances
- Carpet
- Living Room
Door Window Accessibility Features
- Parking
Laundry Fireplace Security
- Community
- None
Exterior
Construction Foundation Roofing
- Slab
Style Exterior Condition
Road Features Attached Structure Other Structures
- Yes
Garage/Parking Common Walls Fencing

- 2+ Common Walls
Lot Pool Spa
- Landscaped
- Lot 6500-9999
- Lot Shape-Rectangular
- None
- None
Community Assoc. Amenities View
- Suburban
- Neighborhood
Financial
Disclosures Terms Possession
- Submit
Assessments Tenant Pays Land Lease
- Unknown
Tax Info Price Excludes Price Includes

 
Green
Water Conservation Energy Generation Energy Efficient
Neighborhoods, Parks and Areas
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435 Maple St is in: South Campus Neighborhood
435 Maple St
is .13 miles from:
Chico Greenline
435 Maple St
is .38 miles from:
California State University, Chico California State University, Chico
435 Maple St is in: West Streets
435 Maple St
is .3 miles from:
Depot Park Depot Park
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~ Click on any photo below to enlarge or print it ~
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Information provided to the MLS courtesy of Pearce, Adam of Coldwell Banker Dufour Realty And Lambert, Tamara Of Coldwell Banker Dufour Realty.

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 24, 2017.
435 Maple St, Chico, California, 95928, was last changed by the listing agent and consequently updated here on: October 25, 2017. All Chico income property for sale and MLS data were last updated here on chicorealestate.net on: November 23, 2017 6:33 AM.