First Team Real Estate Logo

Chico, CA 95928 635 Chestnut Street

$389,950

Pending
635 Chestnut Street Chico, Ca - Image 1635 Chestnut Street Chico, Ca - Image 2635 Chestnut Street Chico, Ca - Image 3
11 more
635 Chestnut Street Chico, Ca - Image 4635 Chestnut Street Chico, Ca - Image 5635 Chestnut Street Chico, Ca - Image 6635 Chestnut Street Chico, Ca - Image 7635 Chestnut Street Chico, Ca - Image 8635 Chestnut Street Chico, Ca - Image 9635 Chestnut Street Chico, Ca - Image 10635 Chestnut Street Chico, Ca - Image 11635 Chestnut Street Chico, Ca - Image 12635 Chestnut Street Chico, Ca - Image 13635 Chestnut Street Chico, Ca - Image 14635 Chestnut Street Chico, Ca - Image 15
Presented By: Ken Winslow with Re/Max of Chico; 530-570-1021
  • MLS# SN24074406
  • 04/16/2024
  • Request Tour
  • Request Info
  • BedBeds • 2
  • BathBaths • 1
  • FootageSQFT • 1,196

Home Details

Two units on one lot within walking distance to Chico State. Having a walk score of 88 and a Bike score of 97 places this student housing investment in a very desirable area targeted by investors.The front unit is a well kept 2 bedroom, 1 bath historic Sears Catalog home with hardwood floors, charming front porch and indoor laundry. Current rent is $1,750/mo. Shared backyard. The second unit is a very nice condition studio with tile flooring, currently rented for $700/mo. Excellent rental history for both units.The photos of the house were taken prior to it being rented to current tenants Don't miss this unique investment opportunity.
Presented By: Ken Winslow with Re/Max of Chico; 530-570-1021

Interior Features for 635 Chestnut Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Laundry FeaturesLaundryRoom
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 635 Chestnut Street

Additional Parcels Y/NNo
AppliancesGasRange
Architectural StyleCottage
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.5
Carport Y/NNo
CityChico
Community FeaturesSuburban
CoolingWallWindowUnits
CountyButte
Days on Market14
DirectionsOn Chestnut between 6th and 7th Streets
ElectricItem220VoltsinLaundry
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income19408.0
HOA0.0
HOA / Comm AssnNo
HeatingFloorFurnace, WallFurnace
Home Warranty Y/NNo
Insurance Expense1556.0
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsItem1031Exchange
Lot Size Square Feet3920.0
MobileHomeRemainsYNNo
Net Operating Income21674.0
New ConstructionNo
Open Parking Spaces2.0
Operating Expense7726.0
Other StructuresTwoOnALot
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Street NameChestnut
Tax Lot5
Taxes$4,290
Tenant PaysElectricity
Total Units2
Trash Expense480.0
View Y/NNo
Water Sewer Expense1400.0
Waterfront Y/NNo
Year Built1927
Year Built SourceAssessor
ZoningR3

Exterior for 635 Chestnut Street

Building Area Total1196.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.09
Lot Size Area3920.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Road Frontage TypeCityStreet
SpaNo
Total Parking2.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $389,950
MLS#SN24074406
List Date 04/16/2024
Property Type Pending
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 635 Chestnut Street

Ask A Question

CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors