About 1131-1133 W 6th St
Are you looking for a turn key investment property? This large 1/4 acre lot in the heart of Downtown Chico has two legal detached homes that present ample opportunity. The incredible location puts you at the center of the action, making these very desirable rentals and an ideal investment property. Your'e a short walk to Chico State and all the Bars + Restaurants in Historic Downtown Chico, and only a mile from Bidwell Park. New 2yr lease just signed for the main home at $3k/mo : A freshly updated 4 bed/2 bath (1320sqft) + spacious Bonus Room. The second home is a 2 bed/2 bath (785sqft), currently rented to great tenants on a 1yr lease at $1,495/mo. Total monthly rental income $4,495/mo! Plenty of parking for both units and they each have their own private yard space. Additionally, the R3 Zoning may allow for the development of additional units - buyer to verify with City of Chico Planning.
Features of 1131-1133 W 6th St
| MLS® # | ML81942437 |
|---|---|
| Price | $620,000 |
| Square Footage | 2,105 |
| Acres | 0.26 |
| Year Built | 1895 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 1131-1133 W 6th St |
|---|---|
| Area | Other Area |
| City | CHICO |
| County | Butte |
| State | CA |
| Zip Code | 95928 |
Amenities
| Utilities | Individual Electric Meters, Public Utilities, Individual Gas Meters |
|---|---|
| Parking Spaces | 6 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central Forced Air - Gas, Wall Furnace |
|---|---|
| Cooling | Room Air Conditioner(s) |
| Fireplace | No |
| Has Basement | No |
Exterior
| Roof | Shingle Roof |
|---|---|
| Foundation | Concrete Perimeter, Concrete Slab |
School Information
| Attendance Zone | CHICO JUNIOR HIGH SCHOOL, CHICO HIGH SCHOOL, EMMA WILSON ELEMENTARY SCHOOL |
|---|
Additional Information
| Zoning | R3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Bjorn Berg |
|---|---|
| Office | eXp Realty of California Inc |
| Office Contact | 831-566-6938 |