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897 W 12Th Ave

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Great investment opportunity! Centrally located on quiet street near Enloe, City of Chico sees this as a large single family home. It is currently being rented by 3 groups of tenants. New roof in 2016, 2 central HVAC systems, 2 water heaters, 3 refrigerators, 3 stoves, and 2 dishwashers. First section is 850 sq/ft with 2 bed 1 bath; second section is 950 sq/ft with 2 bed 2 bath. Access exists between these 2 larger living areas. Attached studio is 450 sq/ft with wall heat and wall air. Perfect opportunity for a multi generational family or great cash flow! OPPORTUNITY is KNOCKING! Please DO NOT DISTURB tenants or access the property. Please contact listing agent for more information.
Directions: W. 11th Ave right turn onto Holly Ave left turn onto W. 12th Ave
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             Address: 897 W 12Th Ave Asking Price: $315,000
Lot #: Year Built: 1990
City: Chico Total Units: 3
State: California Total Bldg: 1
Zip: 95926 Floors: One
County: Butte Beds/Baths: 5 / 4
City or County Apx SqFt: 2,200
APN #: 043-051-031-000 Acres:
.29
Assessor
Additional Parcels: No Price/Unit: $105,000
Complex/Subdiv Price/Bed: $63,000
Builder: Price/SqFt: $143.18
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: $32,700 Annual OE: $9,859
Monthly GSI: $22,841 OE: $9,859
GOI: $ Gas: $
NOI: $22,841 Electric: $4,644
Gr Spendable: $ Water/Sewer: $1,020
Garage Income: $ Trash: $360
Laundry Income: $ Pool: $
Other Income 1: $ Insurance: $700
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: $3,135
Ann. Loan Pymt: $ Other Expense: $
Listing Date: 11/1/2017 Original Price: $315,000
Today's Date: 11/23/2017 Price Change: $
Days Listed: 22 Current Price: $315,000
Our Client's Bonus: $788
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 $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: 1 Actual Rent: $1,025
# Beds: 2 Total Rent: $12,300
# Baths: 1 Pro Forma: $1,025
Furnished: Unfurnished Garage Spaces:
0
Attached
Apx SqFt: Type: 1
Description:
Type 2
# Units: 1 Actual Rent: $1,000
# Beds: 2 Total Rent: $12,000
# Baths: 2 Pro Forma: $1,000
Furnished: Unfurnished Garage Spaces:
0
Attached
Apx SqFt: Type: 2
Description:
Type 3
# Units: 1 Actual Rent: $700
# Beds: 1 Total Rent: $8,400
# Baths: 1 Pro Forma: $700
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 3
Description:
Number of Units With Approx Unit Sizes Unit Totals
Separate Electric Meters: 1
Separate Gas Meters: 1
Separate Water Meters: 1
Units With Dishwasher: 2
Units With Ranges: 3
Units With Refrigerator: 3
Units With Wall AC: 1
# of Units Leased: 3
Total Actual Rent: $2,725
Utilities and Interior
Utilities/Electric Sewer Water
- Cable Available
- Sewer Connected
- Water Connected

Interior Heating Cooling
- Ceiling Fan
- Laminate Counters
- Central Furnace
- Wall Heater
- Central
- Wall Window
Flooring Rooms Appliances
- Carpet
- Tile
- All Bedrooms Down
- Dishwasher
- Electric Stove
- Refrigerator
- Water Heater Unit
Door Window Accessibility Features
- Parking
Laundry Fireplace Security
- Dryer Included
- Washer Included
- Living Room
- Wood
Exterior
Construction Foundation Roofing
- Wood Siding
- Slab
- Composition
Style Exterior Condition
- Ranch
- Rain Gutters
Road Features Attached Structure Other Structures
- City Street
- Paved
- Yes
- Shed(s)
Garage/Parking Common Walls Fencing

Garage Spaces: 2
- 1 Common Wall
- Chain Link
- Wood
Lot Pool Spa
- Back Yard
- Lawn
- Lot 10000-19999 Sqft
- Lot Shape-Rectangular
- Lot-Level/Flat
- None
Community Assoc. Amenities View
- Suburban
- Neighborhood
Financial
Disclosures Terms Possession
- Cash
- Cash To New Loan
- Conventional
Assessments Tenant Pays Land Lease
Tax Info Price Excludes Price Includes

 
Green
Water Conservation Energy Generation Energy Efficient
Neighborhoods, Parks and Areas
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897 W 12Th Ave is in: The Avenues - Chico Vecino
897 W 12Th Ave is in: West Avenues
Listing Updates
Update Old Value New Value Price Change Date Time
List Date 11/1/2017
Entered in MLS 11/5/2017
53 new photos 0 53 11/5/2017 8:12 AM
1 new photos 53 54 11/5/2017 10:42 AM
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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 Burns, Josh of Deb Sprague, Broker And Sprague, Deb Of Deb Sprague, 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 November 05, 2017.
897 W 12Th Ave, Chico, California, 95926, was last changed by the listing agent and consequently updated here on: November 06, 2017. All Chico income property for sale and MLS data were last updated here on chicorealestate.net on: November 23, 2017 7:47 PM.