5+ units income property in or near Chico

8 Cottages at the corner of Willow and East 9th Street. 5 1-bedroom units and 3 studio units. Studios share a common bath and all tenants share a common laundry. Three septic tanks currently serve all units. City of Chico is installing 3 sewer laterals to property this fall; connection is not required. Connection fees are greatly reduced if Buyer wants to connect. City conenction fees are only $1,700 per unit. Digging and septic tank abandonment are additiional costs. Buyer may be able to assume existing $125,000 private 1st Note subject to qualifying. Rents range from $350 to $700 with Mo-Mo leases. Each unit is fenced with a small yard. Do not disturb the tenants. property to be shown by appointment only with LA. Great potential with cash flow

Sixplex, very good condition, all studios with excellent rental history. Good location close to college. Units rent for $480/month. $34,560.00/year. Includes onsite laundry room with coin operated units. Appointment only.

Looking for college investment property? Well look no further than this 6-plex. Each unit has its own stackable washer and dryer as well as microwave, diswasher, and central heating and air. Financing Available ! Owner of property will carry back a good portion of purchase price!

GREAT RENTAL HISTORY FOR THIS 9-PLEX PROPERTY. INCLUDES FOUR 1BR/1BA, FOUR 2BR/1BA WITH COVERED CARPORT PARKING, PLUS 3BR/2BA W/GARAGE. NEWER ROOF, PAINT, CITY SERVICE, NEAR COUNTY OFFICES. ON-SITE LAUNDRY INCOME! $5600 MONTH INCOME! $67,200 ANNUAL.

WELL MAINTAINED 10 LARGE STUDIOS, WALK TO CSUC. GREAT RENTAL HISTORY, LAUNDRY INCOME, NEWER ROOF. PAINT & RAIN GUTTERS. $5000 MONTHLY INCOME.

This is a diamond in the rough. Very good location across from Citrus elementary school, close to the high school and the university. 9 units, 8- 3br 2 ba apartments and a 3br 2 ba house on one lot. Very low rents. Owner will carry or consider partial trade. Shown by appointment only.

This is 4.3 acres of development ground, not just 24 units. Build approximatley 26 new units while you collect rent on the existing units. Seller may also carry financing. 26 new units will bring in $1300 each with todays rents. This new Rental Income would total an additional $33,800 / month or $405,600 / year. Have developement approval from the City, call agent for actual unit count & phasing.