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1001 Salem Street

Chico, CA 95928
Active
Multifamily
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$499,000
Discover a well-maintained, owner-occupied investment property in a desirable Chico location. This 3-unit building offers a comfortable live-in unit plus two turnkey rental units, creating an appealing combination of steady cash flow and personal living convenience. What makes it special: Owner-occupied layout: Live in a well-appointed unit with private entry.… Read MoreRead Less
Property listed by Thrive Real Estate Company, Tamara Lambert 310-259-7556
Listing Snapshot
Days Online
389
Last Updated
Property Type
Triplex
Lot Size
0.18 Acres
Year Built
1981
MLS Number
SN25099724
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
FreeStandingRange, GasOven, GasRange, Refrigerator, SelfCleaningOven, VentedExhaustFan
Building
Built in 1981, 2 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Community
Curbs, Gutters, Suburban, Sidewalks
Cooling
WallWindowUnits
Accessibility Features
LowPileCarpet, None
Expenses
Insurance: $2,291, Operating: $25,999, Trash: $918, Water/Sewer: $2,671
Exterior Features
Lighting, RainGutters
Fence
Wood
Fireplaces
None
Floors
Carpet, Laminate
Foundation
Slab
Heating
NaturalGas, WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $35,854, Gross ScheduledIncome: $35,854, Net Operating Income: $9,855
Laundry
None
Lot
0.18 acres, BackYard, FrontYard, Lawn, NearPublicTransit, RectangularLot, StreetLevel
Parking
4 total parking spaces, Concrete, Driveway, DrivewayUpSlopeFromStreet, OnSite, OneSpace
Pool
None
Property
Neighborhood
Roof
Composition
Security Features
CarbonMonoxideDetectors, SmokeDetectors
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 005094018000, Lot: 6, Zoning: R3
Tenant Pays
Electricity, Gas
Utilities
ElectricityConnected, WaterConnected, Water Source: Public, 3 separate electric meters, 3 separate gas meters
Windows
Blinds, DoublePaneWindows, Screens
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Monthly Payment
$0
Michael Harby
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Schools In The Area

Check out nearby schools with ratings and contact info.
Chapman Elementary School 530-891-3100 Public KG-5
Chico Junior High School 530-891-3066 Public 6-8
Chico High School 530-891-3026 Public 9-12
Chapman Elementary School 530-891-3100 Public KG-5
Chapman Elementary School 530-891-3100 Public KG-5
Chico Junior High School 530-891-3066 Public 6-8
Chico High School 530-891-3026 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.