Chico, CA 95928,1041 W 9th Street
Chico, CA 95928,1041 W 9th Street
Chico, CA 95928,1041 W 9th Street
9
$825,000
$925,000
10.8%
Est.Price: ?

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8,712 Sqft Lot

1041 W 9th Street Chico, CA 95928

Est. payment /mo
SOLD DATE : 10/25/2022

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Nathan King Real Estate Group

Nathan King Real Estate Group

+1(559) 396-0000

Our team is ready to help you sell your home for the highest possible price ASAP

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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California Regional MLS (CRMLS)
Listed by Spencer Moyer • Alive Commercial Real Estate
Bought with Dawn Reddoch • EXP Realty

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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