1531 Laurel Street

  • Chico

  • $417,000
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Home sold on Tuesday, May 23, 2017. For available homes, view Similar Homes or Search Properties.


Residential Income Details

Description
Great income property, currently all leased and professionally managed, leased for nearly 4k/mo. Front unit is a 2 bed 1 bath house with several extra rooms. Back units are accessible via the alley, and are all 3 bedrooms. One has two bathrooms, the other two have 1 bathroom each. Two of the back units have been completely remodeled, new everything including vinyl plank flooring, paint, kitchens and baths. With 30% down, the return is well over 7% cash on cash. With some improvements rents could be likely increased in the future.
Essential
MLS #CH17057248
Price$417,000
Number of Units4
Sale TypeStandard
StatusClosed
Listing BrokerageRyno Company
Listing AgentRyan Vaught
Listing Agent BRE #01444141
Interior
CoolingWall Window
Exterior
ParkingUnassigned
Garage Spaces0
PoolNone
Community
CommunityStreet Lighting
Address1531 Laurel Street
CityChico
CountyButte
StateCA
ZipCode95928
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, May 23, 2017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.