1744 Oakdale Street, Chico, CA 95928
1744 Oakdale Street, Chico, CA 95928
1744 Oakdale Street, Chico, CA 95928
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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517
Listed by Matthew W Herman • Keller Williams Realty Chico Area
$399,000
Est. payment /mo
2,200 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $181

MLS Listing ID SN-24040612

Year Built 1942

Lot Size 7,841 Sqft

Property Sub-Type Duplex

Property Description

Solid Investment Opportunity: Duplex with Strong Rental History of almost $3000 gross rents per month. Explore this investment duplex, offering a practical entry into real estate ownership. The main house spans 1,500 sq ft with 3 bedrooms and 2 bathrooms, featuring an updated kitchen, in-unit washer and dryer, and central heat and air. It also includes a fenced backyard for outdoor activities. The second unit, an 500 sq ft studio, comes with its own washer and dryer, adding convenience for tenants. Newer roof. With a Gross Rent Multiplier (GRM) of 11, this property presents itself as a cash-flowing asset from the outset. It's an ideal choice for those looking to start or expand their investment portfolio, especially for first-time investors keen on stepping into the real estate market. This property is a capable investment that requires some attention but promises a steady income stream in a reliable rental market.

Location

State CA

County Butte

Zoning RD-1

Interior

Interior Features Unfurnished

Heating Central

Cooling Central Air

Fireplaces Type None

Inclusions Washer Dryer in both units, Refrigerator in both units

Laundry Gas & Electric Dryer Hookup

Exterior

Parking Features Gated

Garage Spaces 2.0

Pool None

Community Features Urban

Utilities Available Cable Available

View Y/N No

View None

Building

Lot Description Front Yard, 6-10 Units/Acre, Back Yard

Sewer Sewer Paid

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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517

Broker Associate | License ID: DRE# 02091823

Broker Associate License ID: DRE# 02091823

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