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    1208 W 8th Avenue

    Chico, CA 95926
    • $432,500
    • STATUS: SOLD
    • ON SITE: 81 Days
    • ID#: SN21164423
    Sold - 10/14/2021
    $432,500
    SOLD - 10/14/2021
    • 5
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    This fantastic property provides nearly endless possibilities. The charming main home is very clean and offers 3 full bedrooms, plus a large finished basement area, open remodeled kitchen and beautiful hardwood floors in the living room and halls. Main home is currently rented on an month-to-month basis for $1,350 per month. There is plenty of upside rent potential as well... In addition, as part of the main structure, there is an attached studio unit with its own entrance. It has a nice fireplace as well a bathroom, sink/kitchenette area and private patio as well. Currently being individually rented, this space as also been opened up and used as part of the main home in the past for occupants that need the additional space. Can easily be modified as necessary and is currently rented for $875 as a fully furnished unit. At the back portion of property there is an additional detached unit offering a great loft area, newer laminate floors, newer windows, newer exterior paint plus a bathroom and sink/kitchenette area as well. Currently being rented for an average of $1,400 as a fully furnished Air BnB Property offers tremendous cash flow from day one! The large yard offers potential side access, large trees and mature landscaping and plenty of space... This fantastic property provides nearly endless possibilities. The charming main home is very clean and offers 3 full bedrooms, plus a large finished basement area, open remodeled kitchen and beautiful hardwood floors in the living room and halls. Main home is currently rented on an month-to-month basis for $1,350 per month. There is plenty of upside rent potential as well... In addition, as part of the main structure, there is an attached studio unit with its own entrance. It has a nice fireplace as well a bathroom, sink/kitchenette area and private patio as well. Currently being individually rented, this space as also been opened up and used as part of the main home in the past for occupants that need the additional space. Can easily be modified as necessary and is currently rented for $875 as a fully furnished unit. At the back portion of property there is an additional detached unit offering a great loft area, newer laminate floors, newer windows, newer exterior paint plus a bathroom and sink/kitchenette area as well. Currently being rented for an average of $1,400 as a fully furnished Air BnB Property offers tremendous cash flow from day one! The large yard offers potential side access, large trees and mature landscaping and plenty of space...

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.solisteamrealty.com/homes/119756048
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    1208 W 8th Avenue Chico, CA 95926

    • Price: $445,000
    • Status: SOLD
    • ID#: SN21164423
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    Neighborhood:
    Chico (95926)
    County:
    Butte
    Area:
    Chico (95926)
    Property Description
    This fantastic property provides nearly endless possibilities. The charming main home is very clean and offers 3 full bedrooms, plus a large finished basement area, open remodeled kitchen and beautiful hardwood floors in the living room and halls. Main home is currently rented on an month-to-month basis for $1,350 per month. There is plenty of upside rent potential as well... In addition, as part of the main structure, there is an attached studio unit with its own entrance. It has a nice fireplace as well a bathroom, sink/kitchenette area and private patio as well. Currently being individually rented, this space as also been opened up and used as part of the main home in the past for occupants that need the additional space. Can easily be modified as necessary and is currently rented for $875 as a fully furnished unit. At the back portion of property there is an additional detached unit offering a great loft area, newer laminate floors, newer windows, newer exterior paint plus a bathroom and sink/kitchenette area as well. Currently being rented for an average of $1,400 as a fully furnished Air BnB Property offers tremendous cash flow from day one! The large yard offers potential side access, large trees and mature landscaping and plenty of space... This fantastic property provides nearly endless possibilities. The charming main home is very clean and offers 3 full bedrooms, plus a large finished basement area, open remodeled kitchen and beautiful hardwood floors in the living room and halls. Main home is currently rented on an month-to-month basis for $1,350 per month. There is plenty of upside rent potential as well... In addition, as part of the main structure, there is an attached studio unit with its own entrance. It has a nice fireplace as well a bathroom, sink/kitchenette area and private patio as well. Currently being individually rented, this space as also been opened up and used as part of the main home in the past for occupants that need the additional space. Can easily be modified as necessary and is currently rented for $875 as a fully furnished unit. At the back portion of property there is an additional detached unit offering a great loft area, newer laminate floors, newer windows, newer exterior paint plus a bathroom and sink/kitchenette area as well. Currently being rented for an average of $1,400 as a fully furnished Air BnB Property offers tremendous cash flow from day one! The large yard offers potential side access, large trees and mature landscaping and plenty of space...
    Exterior Features

    Pool N/K Site CurbsSidewalks

    Interior Features

    Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1

    Property Features

    Annual Expense Actual 0 Buildings 2 Gross Scheduled Income Actual 43500 Terms Cal VetCashConventionalExchangeFha Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 1350.0 Unit2 Rent Actual 1400.0 Unit3 Rent Actual 875.0 Zoning Assessor

    Listing provided courtesy of Re/Max Of Chico. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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