417 Orange Street Chico, CA 95928

$1,750,000 Active

About the Property

Great unit mix, six large 1 bedrooms and four 3 bedroom units in the most desirable college housing location. Just a short distance from CSU Chico and downtown dining and entertainment. Great occupancy numbers with low expenses make this apartment project an ideal investment for a new or seasoned investor.

Property Information

Size 7,486 SqFt
Price/SqFt $234
Lot Size 0.38 Acres
Year Built 1977
Property Type Residential Income
Zoning R3
Listing Number SN19061447
Listed 3/19/2019
Modified 4/22/2019
Listing Agent Steven Depa
Listing Office Re/Max of Chico
Total Building 1
Total Units 10

Property Features

# Electric Meters
  • 11
# Gas Meters
  • 11
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Wall/Window Unit(s)
Garage Spaces
  • 0.00
Gross Income
  • 12225.00
Gross Scheduled Income
  • 146700.00
Heating
  • Wall Furnace
Net Operating Income
  • 107486.00
Operating Expense
  • 39214.00
Pool
  • None
Sewer
  • Public Sewer
Total Expenses
  • 39214.00
Water Source
  • Public