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Simplistic Realty Real Estate Services

Simplistic Realty
Real Estate Services
Paradise, CA 95969
530-872-9000
Contact Us

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Listing 1 out of 183
$799,000 For Sale

1101 E Lassen Avenue
Chico, CA 95973

4 units | Multi Family Home
0.79 acres - MLS# SN19007649
Property Photo
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Description

Unique property on a huge lot in north Chico! Perfect for multiple families or great as an income producing investment property, including 3 structures with a total of 4 units and 2 garages. Directly off Lassen sits the well maintained duplex with 2 bedroom, 1 bath units on each side. The street unit includes a 1 car garage, spacious family room and fireplace. Both duplex units have tasteful updates, fully fenced yards, separate meters, separate laundry and all appliances included. A private gate separates the duplex from the rest of the property, which also includes 2 additional homes, detached 3 car garage, fruit producing trees and storage shed. The first home is a special 1900+ sqft triple wide mobile that was lovingly renovated with much of the original 60's flare preserved including a very swanky bar. Other renovations include a bright and cheery sun room, many newer dual pane windows, new HVAC and new flooring throughout. Also included on the property is a bright and open concept 3 bedroom 2 bath 2007 mobile home with vaulted ceilings, breakfast bar, extra large master bath tub, plenty of parking and privacy. There are so many options for what you can do with this income producing property on almost an acre. Conveniently located close to schools and shopping you won't want to miss this one!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 95973
  • Year Built: 1964
  • Stories: One
  • Units: 4 units
  • # of Parking Spaces: 15.00
  • Fireplace: Family Room, Yes
  • Lot Size: 0.79 acres
  • Accessibility: 2+ Access Exits,Parking
  • View: Neighborhood, Yes
  • Zoning: R3
  • Appliances: Electric Oven, Electric Range, Electric Stove, Garbage Disposal, Microwave, Refrigerator
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 5076.00
  • Building Area Units: Square Feet
  • Carport Spaces: 1.00
  • Co-Listing Agent License: 02062560
  • Co-Listing Office License: 00772540
  • Common Walls: 1 Common Wall
  • Community Features: Storm Drains, Street Lighting
  • Cooling: Central, Wall Window
  • Cooling YN: Yes
  • Country: US
  • Directions: Cross streets: Cohasset
  • Exterior Features: Rain Gutters
  • Fence YN: Yes
  • Fencing: Average Condition
  • Flooring: Carpet, Laminate, Wood
  • Garage Spaces: 4.00
  • Gross Income: 24480.00
  • Gross Scheduled Income: 59328.00
  • Heating: Central Furnace, Wall Heater
  • Heating YN: Yes
  • Inclusions: Refrigerators, stoves, washer and dryers from all units except triple wide home.
  • Insurance Expense: 2700.00
  • Interior Features: Bar, Cathedral-Vaulted Ceilings, Ceiling Fan, Formica Counters, Laminate Counters, Pantry
  • Laundry Features: Area, Individual Room, Inside
  • Laundry YN: Yes
  • Listing Agent License: 02002903
  • Listing Office License: 00991783
  • Lot Features: 2-5 Units/Acre, Lot Shape-Rectangular
  • Lot Size Area: 34412.0000
  • Lot Size Source: Seller
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 51628.00
  • New Taxes Expense: 3800.00
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 2
  • Operating Expense: 7700.00
  • Other Structures: Shed(s)
  • Parking Features: Boat, Carport, Covered Parking, Driveway, Garage, RV Access/Parking, RV Potential
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Road Frontage Type: City Street
  • Roof: Composition
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Separate Family Room
  • Sewer: Conventional Septic
  • Stories Total: 1
  • Total Actual Rent: 2040.00
  • Total Expenses: 7700.00
  • Trash Expense: 1200.00
  • Uncovered Spaces: 10.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of City Of Trees Realty, Jayme Foster



Simplistic Realty Real Estate Services | 530-872-9000 | Contact Us
6400 Skyway - Paradise, CA 95969
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