• 3,050 sq.ft.
  • 11,761 sq.ft. lot
offered at $249,600
Status: Active Under Contract // Property Type:
County: Tehama // Year Built: 1963

Property Description

Looking for a fantastic investment opportunity?! Well look no further! This Fourplex is the perfect use for your investment dollars! Very clean & well kept along with close to schools, churches & the new Walmart. It's Being sold along with 575 S Jackson (APN 033-170-023-000) $249,600, another 4plex on separate parcel. They share the water line, so should be sold together. Each 4 plex brings in about $2300 ($4600 total) mo rent currently with proforma $5100 when all rents are adjusted to new. Each apartment is a 2 bed 1 bath approx 750 sq ft & there are currently no vacancies. Being set up on 2 parcels also broadens the financing options. Previous owners put in a lot of work and it shows! Most of the apartments are carpeted, but some have partially laminate flooring. There is a garden plot for each apartment and a communal BBQ / picnic area. Separate Laundry Room has contract machines from WASH. These units re-rent rapidly and have very steady tenants. Previous owner bought as an REO. Sq Ft, lot size and yr built all taken from county record, buyer to verify to satisfaction photos are mixture of both units

Listing Courtesy of Becky Johns, Keller Williams Realty Chico A

Interior Features

Interior Features: Ceiling Fan, Ceramic Counters, Crown Moldings, Formica Counters // Heating: Wall Heater, Natural Gas

Exterior Features

Exterior Features: Curbs, Foothills, Gutters, Street Lighting, Suburban
  • raj qsar
    Principal | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

Use of this site means you agree to the Terms of Use

Based on information from California Regional Multiple Listing Service, Inc. as of December 15, 2017. 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.