728 W Sacramento Avenue, Chico, CA 95926

$970,000
Sold Price
$970,000
List Price
$999,000
Closing Date
Apr 26, 2019
Status
CLOSED
MLS#
SN19007677
Year Built
1985
Lot Size
10,019
Acres
0.23
Lot Location
Yard
Days on Market
46
Property Type
Multifamily

Property Description

Well maintained 5plex right across the street from CSUC consisting of 4x 4bed 2bath units, and 1 3bed 2bath unit. The 3 bedroom unit is completely upgraded with plank flooring, ceiling fans, vanities, etc. All units have granite counters and other upgrades. 3 units are leased at promotional rates until 6/30/19. Market rate for each unit is estimated at 1950/month. Once at market this property will have a 8% cap rate. Each unit has a locked private storage room for bikes etc and indoor laundry. Professionally managed. See included financials for more details on expenses and income. Property has a private first note that may be assumable for 495K at 5% P&I over 25 years.

Additional Information

Lot Description
Urban
Pool Description
None
Cooling
Yes
Cooling Description
Central Air
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Total Number of Units
5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ryan Vaught from Ryno Company

Listing sold by Ryan Vaught from Ryno Company

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.