Chico, CA 95928 454 E 8th Street
$625,000
18 more
Presented By: Becky Prater with Platinum Partners Real Estate; 530-520-0308
Beds • 5
Baths • 4
SQFT • 3,085
Year Built • 1920
Home Details
This Historic 4-Plex near Downtown Chico is available for sale!
With high ceiling and large updated windows providing abundant natural light and wood floors in much of the building these charming details make this a special property. Current rents are strong, with potential for additional income by converting the upstairs storage area in to a rentable unit, making the income potential higher than existing.
Each unit has a spacious layout, with 3 one-bedroom units and 1 two bedroom unit, they have updated kitchen and baths in most units.
Recent improvements have been roof replaced where needed and most of the home inspection items have been dealt with
This prime location offers tenants easy access to shops, restaurants, transit and entertainment.
This property is prefect for generating steady rental income while owning a piece of Chico's history!
Presented By: Becky Prater with Platinum Partners Real Estate; 530-520-0308
Interior Features for 454 E 8th Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesDiningRoom, None
Fireplace Y/NNo
FlooringLaminate, Wood
Heating Y/NYes
Laundry FeaturesWasherHookup, ElectricDryerHookup, LaundryRoom, Outside
Total Stories2
Other Rooms
Entry Level1
General for 454 E 8th Street
Additional Parcels Y/NNo
AppliancesGasRange, Dryer, Washer
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityChico
Community FeaturesStormDrains, StreetLights, Sidewalks, Urban
ContingencyBuyer has to sell a home in Chico
CoolingWallWindowUnits
CountyButte
Current FinancingConventional
DirectionsNE Corner of 8th and Orient
DisclosuresHistorical
ElectricElectricityOnProperty
Electric Expense1500.0
Electric On Property Y/NNo
Entry Location1
Exterior FeaturesRainGutters
Fuel Expense1200.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingFloorFurnace, NaturalGas, WallFurnace
Home Warranty Y/NNo
Insurance Expense3500.0
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet7405.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income46532.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
Operating Expense9124.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Tax Lot5
Tenant PaysElectricity, Gas
Total Actual Rent2438.0
Trash Expense920.0
UtilitiesCableAvailable, ElectricityConnected
ViewNone
Water Sewer Expense804.0
Waterfront Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningOR
Exterior for 454 E 8th Street
Building Area Total3085.0
Crops Included Y/NNo
FencingAverageCondition
Foundation DetailsRaised
Horse Y/NNo
Inclusionswasher, dryer, 4 refrigerators, 4 stoves
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, CornerLot, FrontYard, SprinklersNone
Lot Size Acres0.17
Lot Size Area7405.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone, OffSite
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
