363 Rio Lindo Avenue

    Chico, CA 95926
    • $3,000,000
    • STATUS: Active
    • ON SITE: 435 days
    • ID#: SN18193081
    UPDATED: 56 min ago
    $3,000,000
    • 0
      BEDS
    • 1.01
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 19,200
      SQFT
    • $156
      $/SQFT
    Type:
    Multi-Family
    Built:
    1990
    County:

    School Ratings & Info

    Description

    20 - 3 bedroom, 2 bath units built as Condominiums. Units upgraded as they become available. Several long term tenants. Mostly granite countertops and pergo in living room. All with inside laundry with washer and dryer, one covered and one uncovered parking space. Gated access to biking/walking path between airport and downtown. All have outside patios. Interior sprinklered. New rents at $1100 per month. Note that resident manager pays no rent.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. 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 deemed reliable but is not guaranteed accurate by the MLS or Compass California Inc.. Licensed in the State of California, USA.
    www.sandiegohomesdirect.com/homes/86409667

    363 Rio Lindo Avenue Chico, CA 95926

    • Price: $3,000,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: SN18193081
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.01
    Acres
    19,200
    SQFT
    $156
    $/SQFT
    1990
    Built
    County:
    Butte
    Property Description
    20 - 3 bedroom, 2 bath units built as Condominiums. Units upgraded as they become available. Several long term tenants. Mostly granite countertops and pergo in living room. All with inside laundry with washer and dryer, one covered and one uncovered parking space. Gated access to biking/walking path between airport and downtown. All have outside patios. Interior sprinklered. New rents at $1100 per month. Note that resident manager pays no rent.
    Exterior Features

    Carport Spaces 20.00 Fence YN Yes Fencing Wood Garage Spaces 0.00 Lot Features LandscapedNear Public TransitSprinkler SystemTreed LotYard Lot Size Units Square Feet Parking Features Carport Parking Total 40.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Appliances DishwasherFree-Standing RangeDisposalRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Flooring CarpetLaminateWood Heating Central Heating YN Yes Laundry Features Dryer IncludedInsideWasher Included Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalksStreet Lights Country Us Electric Expense 1748.00 Elevation Units Feet Gross Income 216099.00 Gross Scheduled Income 229800.00 Insurance Expense 4231.00 Land Lease YN No Laundry YN Yes Licenses Expense 30.00 Net Operating Income 149771.00 New Construction YN No New Taxes Expense 31000.00 Number Of Separate Electric Meters 20 Number Of Separate Gas Meters 20 Number Of Separate Water Meters 1 Number Of Units Leased 0 Number With Carpet 20 Number With Dishwasher 20 Number With Disposal 20 Number With Patio 20 Number With Range 20 Number With Refrigerator 20 Operating Expense 80029.00 Pest Control Expense 767.00 Professional Management Expense 0.00 Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire Sprinkler SystemResident ManagerSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 198295.00 Total Expenses 80029.00 Trash Expense 5185.00 Utilities Sewer ConnectedWater Connected Water Sewer Expense 12519.00 Water Source Public Year Built Source Public Records

    Listing provided courtesy of Michael Connolly of Michael Connolly


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. 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 deemed reliable but is not guaranteed accurate by the MLS or Compass California Inc.. Licensed in the State of California, USA.
     
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