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1041 W 9th Street Chico, CA 95928
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Key Details
Sold Price $825,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN22178084
Year Built 1981
Annual Tax Amount $12,386
Lot Size 8,712 Sqft
Property Description
1041 W 9th Street is a 4-unit multifamily property located in Chico, CA. Built in 1981, the property is comprised of (4) four-bedroom two-bathroom flats with sizeable floor plans of approximately 1,054 square feet each. The building is comprised of a stucco exterior, pitched composition shingle roof, dual pane windows, central HVAC and a concrete slab foundation. Comparable market data shows current rents are below market, allowing a new owner to achieve strong cash flow with minimal capital improvements going forward.
Location
State CA
County Butte
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Central
Cooling Central Air
Laundry Common Area
Exterior
Pool None
Community Features Biking
Roof Type Composition
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Bought with Dawn Reddoch • EXP Realty
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