2950 Jolyn Way

Chico, CA 95973
$590,000
2426 sqft | 5 beds | 4 baths | 0.42 acres | #SN24252128
Courtesy of Re/Max of Chico

Description

Duplex in Highly Desirable Morseman Village – A Prime Investment Opportunity! This well-maintained duplex offers an excellent investment opportunity in one of the most sought-after neighborhoods in Morseman Village. Here’s a breakdown of the key features: Property Features: Unit A: 3 Bedrooms / 2 Bathrooms Attached 1-Car Garage Laundry Hookups Fully Fenced Yard Unit B: 2 Bedrooms / 2 Bathrooms Attached 1-Car Garage Laundry Hookups Fully Fenced Yard (recently updated with new paint and vinyl plank flooring in the dining, kitchen, and bathrooms) Additional Highlights: Location: Positioned at the end of a cul-de-sac on a spacious lot with mature trees, offering a serene and private setting. Generously Sized Yards: Both units feature large, fully fenced yards, perfect for outdoor activities and privacy. HOA: $164/month, covering front yard maintenance. This ensures beautifully maintained lawns, tree-lined streets, sidewalks, and streetlights, creating a pleasant, welcoming neighborhood atmosphere. Long-Term Value: With steady value appreciation in this desirable area,this property offers not just rental income potential but long-term capital growth. Ideal Investment: This duplex is a fantastic opportunity for investors looking for a property in a growing neighborhood with a strong potential for future appreciation. With the possibility of rental income from both units, it's a great option for maximizing returns. The well-kept units, HOA amenities, and prime location make this property a smart and desirable choice.
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  • Property Details
      • Interior:BeamedCeilings, LaminateCounters, AllBedroomsDown
      • Bedrooms:5
      • Bathrooms:4
      • Full Baths:4
      • View:Neighborhood
      • Stories:1
      • Lot description:BackYard, CulDeSac, FrontYard, StreetLevel
      • Acres:0.42
      • Square Feet:2426
      • Parking spaces:2
      • Property type:Purchase
      • Year built:1978
      • Sewer information:Unknown
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasConnected
      • School district:Chico Unified
      • County:Butte
      • Original List Price:$590, 000
      • Hoa fees:164
      • MLS #:SN24252128
      • Cost:590000
      • Property subtype:Duplex
      • MLS #:SN24252128
      • Structure type:Duplex

Location

The Alcantara GroupReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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