491 Waterford Drive,  Chico CA, 95973 (Residential Income)

2,241 sqft
Status: Sold
MLS#: CH15020842
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Last Updated: 12/3/2016 3:30 AM
Description for 491 Waterford Drive Chico, CA 95973
Room for improvement to make more income! Check out this large duplex on Waterford Dr, in North Chico. This is a neighborhood of nice little homes and duplexes with large yards. Other duplexes on the street look better than this one, but these units have a lot to offer; central heat and air, indoor laundry, vaulted ceilings and large yards. They do need some repair and updating. Bring your elbow grease, expertise and paintbrush, then go to work for yourself. Units need a variety of flooring, paint, new windows and other repairs. Unit A is a 3/2 that had a month to month agreement of $1,050 per mo. These long time tenants are leaving soon and this unit needs a makeover to increase the rent. Unit B, a 2/2 has had a month to month agreement since 2011, for a rent of $800 per mo. I know of the same floor plan, a 2/2, just a block away, that is fixed up nicely, and that rents for $1,100 per month! Tenants are nice folks and quite cooperative. To keep their lives more peaceful and if you are seriously interested in seeing the unit, request our Online Video Tour first, then book some time for a real walk through. Landlord says he pays: Water $100, Trash $50, Pest Control $25, Insurance $70, Tax $250, Lawn $30. - Washer, dryer and frig owned by tenants
Price
Sold Price:
$272,000
Sold Date:05/21/2015
Butte
2,241 (approx)
CH15020842
Closed
Description
Room for improvement to make more income! Check out this large duplex on Waterford Dr, in North Chico. This is a neighborhood of nice little homes and duplexes with large yards. Other duplexes on the street look better than this one, but these units have a lot to offer; central heat and air, indoor laundry, vaulted ceilings and large yards. They do need some repair and updating. Bring your elbow grease, expertise and paintbrush, then go to work for yourself. Units need a variety of flooring, paint, new windows and other repairs. Unit A is a 3/2 that had a month to month agreement of $1,050 per mo. These long time tenants are leaving soon and this unit needs a makeover to increase the rent. Unit B, a 2/2 has had a month to month agreement since 2011, for a rent of $800 per mo. I know of the same floor plan, a 2/2, just a block away, that is fixed up nicely, and that rents for $1,100 per month! Tenants are nice folks and quite cooperative. To keep their lives more peaceful and if you are seriously interested in seeing the unit, request our Online Video Tour first, then book some time for a real walk through. Landlord says he pays: Water $100, Trash $50, Pest Control $25, Insurance $70, Tax $250, Lawn $30. - Washer, dryer and frig owned by tenants
Listing Information
Property Type: Cluster, Contemporary, 1 Story
0.36 Acres 15,682 sq.ft. 2,241 (approx)
1979 1
Stucco, Wood
Slab Foundation
Common Hot Water Heater, Public Water Service
Natural Gas
2 Total
Neighborhood
Room Information
First Floor Bedroom
Hookups in Closet
Shower Only
Interior Features
Electric Range/Cooktop
Carpet and Other, Vinyl
Central Air
Gas Heat, Forced Air
Living Room, Wood-burning, Masonry, Raised Hearth
Exterior / Lot Features
6 Parking Spaces, Carport, Uncovered
Wood, Stucco
Composition
None
No Pool
Wood
Gutters, Sidewalks, Shed, Curbs Walk
Driving Directions
E Lassen Avenue, north on Joshua Tree Road to intersection of Waterford Drive
Financial Considerations
007330039000
$22,200 Income ,$6,300Expense
Listing Price History

Chico Real Estate

Chico is located in California. Chico, California 95973 has a population of 86,391.

The median household income in Chico, California 95973 is $42,896. The median household income for the surrounding county is $43,339 compared to the national median of $53,046. The median age of people living in Chico 95973 is 28.8 years.

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Courtesy: Chico Real Estate, Inc Susie Stephens
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Information is deemed reliable but is not guaranteed.

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