Chico, CA 95926 609 Rancheria Drive
$1,395,000
27 more
Presented By: John Barroso with Parkway Real Estate Co.; 530-570-8489
Beds • 3
Baths • 2
SQFT • 8,160
Year Built • 1968
Home Details
Great investment near CSUC! This 5 unit complex is clean and has been very well cared for! All 5 units feature 3 spacious bedrooms and 2 bathrooms, full size washer and dryer, updated cabinets, granite counter tops in the kitchen with new stoves, refrigerators and water heaters. The upstairs bedrooms are very large 12'.6" x 16', each with two closets. Dual pane windows were installed in 2007, upgraded Levolor blinds for all windows in 2017 and new roof in 2013. There are very few owner expenses with tenants paying water, gas and electricity.
Presented By: John Barroso with Parkway Real Estate Co.; 530-570-8489
Interior Features for 609 Rancheria Drive
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
FlooringCarpet, Tile
Heating Y/NYes
Interior AmenitiesCeilingFans, GraniteCounters, TileCounters, BedroomOnMainLevel
Laundry FeaturesInside
Total Stories2
Window FeaturesDoublePaneWindows
Other Rooms
Entry Level1
General for 609 Rancheria Drive
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, GasOven, GasRange, Refrigerator, Dryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityChico
Community FeaturesSidewalks
CoolingCentralAir
CountyButte
DirectionsFrom Esplanade turn onto W 1st Ave, left onto Mechoopda St, first right onto Rancheria Dr.
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income105840.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense8468.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsSubmit
Lot Size Square Feet9148.0
Lot Size UnitsSquareFeet
MaintenanceExpense1200.0
MobileHomeRemainsYNNo
Net Operating Income94592.0
New ConstructionNo
Number Of Units Total5
Operating Expense11248.0
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofFlat, TarGravel
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories2
Tax Lot29
Tenant PaysAllUtilities
Trash Expense1280.0
ViewNeighborhood
Waterfront Y/NNo
Year Built1968
Year Built SourceAssessor
ZoningR3
Exterior for 609 Rancheria Drive
Building Area Total8160.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped, Paved, SprinklerSystem, Trees
Lot Size Acres0.21
Lot Size Area9148.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters5
Open Parking Y/NNo
Parking FeaturesAssigned, OnSite
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
Price
$1,395,000
MLS#SN25056700
List Date
03/21/2025
Property Type
Multi-Family
Phone
(310) 963-5595
