635 Chestnut Street Chico, CA ^$ 389,950

635 Chestnut Street

^$ 389,950

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635 Chestnut Street

Chico, CA, 95928

^$ 389,950

Bedrooms2 Baths1.0 Sq 1,196

Monthly Estimate*

^$ 2,724

Listed by Re/Max of Chico

635 Chestnut Street, Chico, CA 95928 - Image 1

635 Chestnut Street, Chico, CA 95928 - Image 2

635 Chestnut Street, Chico, CA 95928 - Image 3

635 Chestnut Street, Chico, CA 95928 - Image 4

635 Chestnut Street, Chico, CA 95928 - Image 5

635 Chestnut Street, Chico, CA 95928 - Image 6

635 Chestnut Street, Chico, CA 95928 - Image 7

635 Chestnut Street, Chico, CA 95928 - Image 8

635 Chestnut Street, Chico, CA 95928 - Image 9

635 Chestnut Street, Chico, CA 95928 - Image 10

635 Chestnut Street, Chico, CA 95928 - Image 11

635 Chestnut Street, Chico, CA 95928 - Image 12

635 Chestnut Street, Chico, CA 95928 - Image 13

635 Chestnut Street, Chico, CA 95928 - Image 14

635 Chestnut Street, Chico, CA 95928 - Image 15

635 Chestnut Street, Chico, CA 95928 - Image 16

Multi-Family Home for sale in Chico, CA

for $389,950 with 2 bedrooms and 1 full bath. This 1,196 square foot home was built in 1927 on a lot size of 0.09.

Two units on one lot within walking distance to Chico State. Having a walk score of 88 and a Bike score of 97 places this student housing investment in a very desirable area targeted by investors.The front unit is a well kept 2 bedroom, 1 bath historic Sears Catalog home with hardwood floors, charming front porch and indoor laundry. Current rent is $1,750/mo. Shared backyard. The second unit is a very nice condition studio with tile flooring, currently rented for $700/mo. Excellent rental history for both units.The photos of the house were taken prior to it being rented to current tenants Don't miss this unique investment opportunity.

Multi-Family Pending

Price

^$ 389,950

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Cottage

Lot Size

0.09

Year Built

1927

Town/City

Chico

County/Region

Butte

MLS | Web ID

SN24074406

Days on Market

Features

General

Interior Features AllBedroomsDown

Sewer PublicSewer

Heating FloorFurnace WallFurnace

Cooling WallWindowUnits

Roof Composition

Appliances GasRange

Zoning R3

HOA 0.0

Garage Spaces 0.0

Architectural Style Cottage

Pool Features None

Year Built 1927

Electric Item220VoltsinLaundry

Tenant Pays Electricity

Stories 1

Levels One

Property SubType Duplex

Gross Income 19408.0

Community Features Suburban

County Butte

Net Operating Income 21674.0

Operating Expense 7726.0

Insurance Expense 1556.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Other Structures TwoOnALot

Special Listing Conditions Standard

Status Pending

Directions On Chestnut between 6th and 7th Streets

City Chico

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 2.0

Total Units 2

Lot Size Square Feet 3920.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Chestnut

Listing Terms Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 480.0

Water Sewer Expense 1400.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 14

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 5

Property Sub Type Additional Duplex

Taxes 4290.0

Cap Rate 5.5

Interior

Flooring Wood

Fireplace Features None

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features LaundryRoom

Entry Level 1

Electric On Property Y/N N

Exterior

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 2.0

Lot Size Area 3920.0

Number of Buildings 2

Spa N

Building Area Total 1196.0

Lot Size Acres 0.09

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 1

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 635

* Excluded Features

List By

Re/Max Of Chico

Broker

(530) 896-9300

Phone

Affordability Calculator

$2,724

Per Month

Monthly Principal & Interest: $2,724
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chico, CA

Average List Price ^$652,887

Percent of Sale Price 67%

About Chico, CA

92,365 Population

18% Since 2002

^$46,766 Median Income

32.42 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2024	$389,950		Listed Price

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635 Chestnut Street, Chico, CA, 95928 is a Multi-Family Home for sale at $389,950 with 1,196 sqft and a lot size of 0.09. 635 Chestnut Street has 2 bedrooms, 1.0 baths, and was built in 1927. The property's zip code is 95928 which is in Chico, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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635 Chestnut Street

Multi-Family Home for sale in Chico, CA

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