Listed By:
Danielle Branham with Century 21 Select Real Estate, Inc.; 530-570-8402
Address
29 Cameo Drive, Chico, CA
Price
$ 735,000
Property Attributes
  • MLS#SN24067812
  • TypeMulti-Family
  • CountyBUTTE
  • CityChico
  • Zip95973
  • StyleQuadruplex
  • Price$ 735,000
  • Bedrooms8
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage3710
  • Lot Size0.21 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

New roof & new price-add this 4-plex to your Real Estate portfolio! Each unit is 2-bedrooms, 1 bathroom and it rented at $1,150/mo- $4,600 each month! There’s covered parking at the rear & small storage space too. Located on a quiet cul-de-sac on the North-end of town, this quad-plex sits on .21 acre lot. There’s so potential in this investment waiting for you!

Price History
4/6/2024 Listed $750,000
5/16/2024 2% - $735,000

General Features

Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities SewerConnected
Possession CloseOfEscrow
Roof Composition
Zoning R3
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1971
View Neighborhood
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 5520.0
Community Features Curbs,Sidewalks
County Butte
Net Operating Income 39480.0
Operating Expense 15720.0
Insurance Expense 3600.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Contingency Buyer to cooperate with sellers 1031
MaintenanceExpense 4800.0
Garage Y/N No
Special Listing Conditions Standard
Status Active
Directions North on Cohasset,Left on Cameo,4-plex is on the left-hand side.
City Chico
Entry Location Front door
View Y/N Yes
Senior Community Y/N No
NumberOfUnitsTotal 4
Lot Size Units SquareFeet
Lot Size Square Feet 9148.0
Private Pool No
Waterfront Y/N No
Carport Spaces 4.0
Carport Y/N Yes
Number of Units Leased 4
Listing Terms Cash,Conventional,FHA,Submit
Property Attached Y/N Yes
Land Lease Y/N No
Electric Expense 1500.0
Home Warranty Y/N No
Fuel Expense 0.0
Trash Expense 1200.0
Water Sewer Expense 420.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N Yes
Days on Market 46
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 19
Total Actual Rent 4600.0
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No

Interior Features

Fireplace Features None
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features None
Entry Level 2
Electric On Property Y/N No

Exterior Features

Parking Features Carport
Lot Features CulDeSac
Water Source Public
Total Parking 4.0
Inclusions Seller owned appliances
Lot Size Area 9148.0
Number of Buildings 1
Spa No
Building Area Total 3710.0
Lot Size Acres 0.21
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 5
Number of Separate Electric Meters 4
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 95973

Price
AVG $630K
$740K
Visits
AVG 89
159
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1971