Courtesy of Chico Area Realty, John Lawrence.

$785,000

2525 Guynn Avenue

Chico , CA 95973

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Dustin Cheatham

Dustin Cheatham

Founder, Realtor® Associate

LIC#01972561

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Property Description

Turnkey, income producing triplex that has been meticulously maintained. New concrete driveway, water-efficient landscaping, newer central HVAC systems in units B and C. Unit A: 3 bed 3 bath, fireplace, washer/dryer, garage. Unit B: 2 bed 2 bath, fully furnished, fireplace, washer/dryer, private patio, garage with owner storage room. Electricity and internet/WiFi included with rent. Unit C: 2 bed 2 bath, ADA accessible, fireplace, washer/dryer, large back patio, garage. Clear septic and pest/woodrot inspection reports. Annual NOI just under $50k.

Property Details & Features

Year Built
  • 1976
Appliances and Equipment
  • Dryer
  • Washer
House
  • 1 total stories
  • Built in 1976
  • 2+ Common Walls
  • One
Community
  • Biking
  • Curbs
  • Gutter(s)
  • Sidewalks
Cooling
  • Central Air
Expenses
  • Electric Expense: $1,607
  • Insurance Expense: $1,784
  • Operating Expense: $9,536
  • Pest Control Expense: $600
  • Water Sewer Expense: $761
Fireplaces
  • Family Room
Garage
  • 3 garage spaces
Heating
  • Central
Income
  • Gross Income: 57240
  • Gross Scheduled Income: 57240
  • Net Operating Income: 47675
Listing
  • Listed on 2021-05-03
Location
  • County: Butte
Lot
  • 16553 sqft
  • 0.38 acres
  • Area: 16553
  • Corner Lot
  • Drip Irrigation/Bubblers
  • Sprinklers In Front
Parking
  • 3 total parking spaces
Property
  • Single building
  • 3 units
  • Property attached
  • Turnkey
Roof
  • Composition
Sewer
  • Septic Tank
Taxes
  • New Taxes: $8,635
Utilities
  • 3 separate electric meters
  • 3 separate gas meters
  • Electricity Connected
  • Natural Gas Connected
  • Water Connected

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