454 E 8th Street

Chico, CA 95928
$715,000
0.17 acres | #SN24238414
Courtesy of Platinum Partners Real Estate

Description

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, termite clearance and most of the home inspection items have been dealt with1 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!

  • Property Details
      • Interior:CeilingFans
      • Stories:2
      • Lot description:BackYard, CornerLot, FrontYard, SprinklersNone
      • Exterior materials:RainGutters
      • Acres:0.17
      • Property type:Multi-Family
      • Year built:1920
      • Foundation:Raised
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableAvailable, ElectricityConnected
      • County:Butte
      • Original List Price:$715, 000
      • MLS #:SN24238414
      • Cost:715000
      • Property subtype:Quadruplex
      • MLS #:SN24238414

Location

The Alcantara GroupReal Estate Group
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Down Payment

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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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annually
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monthly

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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