836 Wall Street
Chico, CA 95928

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Description

Prime downtown Chico income property with four - (4)bedroom units consisting of 2 duplexes and a vacant corner lot with development opportunity. This listing is comprised of 2 parcels being sold together. 828 and 828 1/2 Wall St. is a duplex on one parcel, and 836 and 836 1/2 Wall St. plus the vacant corner lot are on the second and larger parcel. The addresses for the vacant lot will be on 9th St. and per the City of Chico are zoned C1, commercial mixed use including retail, residential, commercial and office. The 2 residential duplexes are very similar and have a strong rental history. Each unit consists of 4 bedrooms and 1 bath large living room and kitchen, with laundry in 3 of the units, and high ceilings and porches in the upstairs units.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• Zip Code: 95928
• Year Built: 1918
• Sq.Ft.: 5,736 sq ft
• Units: 4 units
• Zoning: C1
• Building Area Units: Square Feet
• Building Status: Existing
• Co-Listing Agent License: 01081260
• Co-Listing Office License: 02065919
• Condo Area Units: Square Feet
• Country: US
• Directions: Corner of 9th St. and Wall St.
• Effective Gross: 66000
• Fence YN: Yes
• Gross Scheduled Income: 66000.00
• Heating: Wall Furnace, Natural Gas
• Heating YN: Yes
• Inclusions: Refrigerators in 828, 8281/2, 836 1/2. Washer/dryers in 836 1/2, 828.
• Insurance Expense: 2400.00
• Investment Property YN: Yes
• Land Use: Multi-Family, Office, Retail
• Laundry Features: Common Area, Inside, See Remarks
• Listing Agent License: 01935943
• Listing Office License: 02065919
• Lot Size Source: Assessor
• MLS: CRM
• Net Operating Income: 48256.00
• Number Of Buildings: 2
• Number Of Units Leased: 4
• Operating Expense: 17774.00
• Roof: Composition
• Stories Total: 2
• Total Expenses: 17774.00
• Total Monthly Rent: 5500
• Trash Expense: 1176.00
• Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
• Water Sewer Expense: 2293.00
• Water Source: Public