About This Home
This 5-bedroom, 4-bathroom multi-family at 3403 Silverbell in Chico, CA is listed for $577,000 ($257 per sqft). Built in 1980, the home offers 2,241 sqft of living space on a 0.52 acres lot.
Key Features
- Built in 1980
- 0.52 acre lot
- 4 parking spaces
- Fireplace
Property Details
Amenities
This true duplex is a solid investment property on a HUGE .52-acre lot with fruit trees and garden space. Unit A has been updated and rents for $2000 a month and is a spacious 3-bedroom 2-bath with newer double pane windows, HVAC, luxury vinyl flooring, a fireplace and newer washer and dryer and a large back yard with cherry trees, roses, lilacs and lots of shade trees.
Unit B rents for $1500 a month. It has 2 good-sized bedrooms and 2 bathrooms and an open kitchen and living room with a fireplace and lots of natural light. It has a sunny patio and good size private back yard. Each unit has its own washer and dryer. 2 electric meters, 2 gas meters and tenants pay utilities.
An over-sized carport provides 2 covered spaces and each unit has a storage cabinet in carport. Great rental history and long-term tenants. Situated in an established neighborhood and only a 10-minute drive to Chico State University. The famous Bidwell park is also 10 minutes away.
Chico is a bustling college town known for its year-round farmers' markets, excellent restaurants, music, art galleries, award winning hospital and schools and world class outdoor activities. This would be a wonderful low-maintenance investment because the current property manager does a wonderful job and would love to continue managing it. It could also be a multi-generational living situation for someone wanting an urban gardening oasis. Septic has just been pumped.
Monthly Cost Estimate
$3,086/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3403 Silverbell
Chico, CA 95973
Features & Amenities
Interior Features
Property Details
Flooring
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 4-bathroom multi-family at 3403 Silverbell is listed at $577,000 ($257/sqft). The estimated monthly payment is $3,086 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1980, 0.52 acre lot, 4 parking spaces, Fireplace. Interior Features: Built-in Features, Ceiling Fan(s), Storage.
This property is listed by Tierra Hodge and can be reached at 5305663063.
