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524 W 2Nd Ave W

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This property is a solid well-located residential income property within approximately 6 blocks of the Chico State University campus. The front house has 3 bedrooms and 2 baths. The detached rear unit includes 2 bedrooms and 1 bath. The buildings have been well-maintained and both units have great tenant and owner appeal. The back yard for the rear unit is fenced and large! The front house is rented for $1,300/month through 05/31/2018 and the rear unit is rented for $825/month through 07/31/2018. The current rents are low and can be adjusted after expiration. The Assessor’s record reflects a "Residential - Multi-Single" use and "Total Units: 2". The Assessor’s data appears to be correct for the total living area at 1,720 but the combined bedrooms are noted to be 5 not 3 as shown and the combined bath rooms are noted to be 3 not 2 as shown. This information is deemed to be reliable but is not guaranteed. All parties should satisfy themselves in all areas of concern.
Directions: W. 2nd Ave Between Warner St & Hobart St
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             Address: 524 W 2Nd Ave W Asking Price: $359,900
Lot #: Year Built: 2000
City: Chico Total Units: 2
State: California Total Bldg: 2
Zip: 95926 Floors: Two
County: Butte Beds/Baths: 5 / 3
City or County Apx SqFt: 1,720
APN #: 003-051-013-000 Acres:
.19
Assessor
Additional Parcels: No Price/Unit: $179,950
Complex/Subdiv Price/Bed: $71,980
Builder: Price/SqFt: $209.24
Type: Income Property HOA names:
Status: Active HOA Dues:
Sale Type: Standard HOA Dues 2:
Zoning: R1 Rent Control: No
Senior Commu: No Laundry Equip:
Annual GSI: $25,500 Annual OE: $
Monthly GSI: $25,500 OE: $
GOI: $ Gas: $
NOI: $ Electric: $
Gr Spendable: $ Water/Sewer: $
Garage Income: $ Trash: $
Laundry Income: $ Pool: $
Other Income 1: $ Insurance: $
Other Income 2: $ Licenses: $
Other Inc. Desc: Manager: $
Gross Multiplier: 0 Prof. Mgmt: $
Cap Rate: 0 Maintenance: $
Vacancy Allow: $ Gardener: $
Land Value: $ Workman's Comp: $
Improvements: $ Furniture Rplcmt: $
Personal Prop: $ Pest Control: $
Have: Supplies: $
Gross Equity: $ Cable TV: $
Present Loans: $ New Taxes: $
Ann. Loan Pymt: $ Other Expense: $
Listing Date: 10/11/2017 Original Price: $359,900
Today's Date: 11/21/2017 Price Change: $
Days Listed: 41 Current Price: $359,900
Our Client's Bonus: $1,080
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 $1,080 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: $1,300
# Beds: 3 Total Rent: $15,600
# Baths: 2 Pro Forma: $1,500
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 1
Description:
Type 2
# Units: 1 Actual Rent: $825
# Beds: 2 Total Rent: $9,900
# Baths: 1 Pro Forma: $1,100
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 2
Description:
Number of Units With Approx Unit Sizes Unit Totals
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
# of Units Leased: 0
Total Actual Rent: $
Utilities and Interior
Utilities/Electric Sewer Water
- Water Connected

Interior Heating Cooling
- Central Furnace
- Central
Flooring Rooms Appliances
Door Window Accessibility Features
Laundry Fireplace Security
- Individual Room
Exterior
Construction Foundation Roofing
Style Exterior Condition
Road Features Attached Structure Other Structures
- City Street
- Paved
- No
Garage/Parking Common Walls Fencing
- Driveway - Gravel
- Off Street

- No Common Walls
Lot Pool Spa
- Back Yard
- Yard
- None
Community Assoc. Amenities View
- Urban
Financial
Disclosures Terms Possession
- Cash
- Cash To New Loan
- Conventional
Assessments Tenant Pays Land Lease
- Cable TV
- Electricity
- Gardener
- Gas
- Trash Collection
- Water
Tax Info Price Excludes Price Includes

 
Green
Water Conservation Energy Generation Energy Efficient
Neighborhoods, Parks and Areas
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Some areas also have photos, video, and comments.
524 W 2Nd Ave W is in: The Avenues - Chico Vecino
524 W 2Nd Ave W is in: West Avenues
524 W 2Nd Ave W
is .23 miles from:
California State University, Chico California State University, Chico
Listing Updates
Update Old Value New Value Price Change Date Time
List Date 10/11/2017
Entered in MLS 10/12/2017
18 new photos 0 18 10/12/2017 3:45 PM
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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 Granicher, William of William Granicher, 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 24, 2017.
524 W 2Nd Ave W, Chico, California, 95926, 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 21, 2017 3:12 PM.