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    2915 Godman Ave

    Chico, CA 95973
    • $898,995
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 21-713098
    Price Reduced
    UPDATED: 39 min ago
    $898,995
    • 9
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,230
      SQFT
    • $172
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Fantastic Opportunity to Acquire an Income Producing Multi-Family Property w/ HUGE Development Potential! This sprawling Chico compound, set on over 30,000 square feet, is the perfect opportunity for an income investor, owner-user, or Developer looking to build their next multi-family cash cow (up to 17 units under high density zoning buyer to verify w/ city)! Property consists of 4 units currently used as short-term rentals for maximum income potential, grossing $75,000+/year. ** 2915 Godman Ave: Approx. 2440 sq. ft. main residence (4 Bed/2 Bath) ** 2917 Godman Ave: Approx. 1140 sq. ft. Bungalow (3 Bed/1 Bath) ** 2919 Godman Ave: Approx. 1000 sq. ft. Bungalow (1 Bed/1 Bath) ** Studio: Approx. 650 sq. ft. Non-Conforming (1 Bed/1 Bath) ** Each unit is separately gated for privacy, metered for gas/electric, & has laundry, private yard/parking & all amenities. Abundant space for RV/Boat parking & storage. Property is minutes from major shopping, dining, entertainment areas & schools. Great income producing potential while planning your development - a unique opportunity not to be missed!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-25T07:42:33.097. 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.
    www.trulinerealty.com/homes/115649478
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    2915 Godman Ave Chico, CA 95973

    • Price: $898,995
    • Status: Active
    • Updated: 39 min ago
    • ID#: 21-713098
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    5,230
    SQFT
    $172
    $/SQFT
    1950
    Built
    Neighborhood:
    Out Of Area
    County:
    Butte
    Area:
    Out Of Area
    Property Description
    Fantastic Opportunity to Acquire an Income Producing Multi-Family Property w/ HUGE Development Potential! This sprawling Chico compound, set on over 30,000 square feet, is the perfect opportunity for an income investor, owner-user, or Developer looking to build their next multi-family cash cow (up to 17 units under high density zoning buyer to verify w/ city)! Property consists of 4 units currently used as short-term rentals for maximum income potential, grossing $75,000+/year. ** 2915 Godman Ave: Approx. 2440 sq. ft. main residence (4 Bed/2 Bath) ** 2917 Godman Ave: Approx. 1140 sq. ft. Bungalow (3 Bed/1 Bath) ** 2919 Godman Ave: Approx. 1000 sq. ft. Bungalow (1 Bed/1 Bath) ** Studio: Approx. 650 sq. ft. Non-Conforming (1 Bed/1 Bath) ** Each unit is separately gated for privacy, metered for gas/electric, & has laundry, private yard/parking & all amenities. Abundant space for RV/Boat parking & storage. Property is minutes from major shopping, dining, entertainment areas & schools. Great income producing potential while planning your development - a unique opportunity not to be missed!
    Exterior Features

    Lot Size Area 30056 Other Structures Other Parking Garage BoatAssignedDrivewayParking For Guests - OnsitePrivateRv Access Style Bungalow Total Parking 12 View Description None View YN No

    Interior Features

    Baths Total 5.00 Common Walls Detached/No Common Walls Cooling Wall Unit(S) Equipment DishwasherCableCeiling FanDryerGarbage DisposalGas Dryer HookupRange/OvenRefrigeratorWasher Flooring TileHardwood Heating Wall Laundry InsideLaundry Area

    Property Features

    Assessed Total Value 324114 Gross Income 75000 Gross Operating Income 75000 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 60000.00 Number Of Buildings 4 Number Of Units 4 Sale Type Standard Security Features Gated Sewer Septic Tank Source Living Area Owner Source Lot Size Area Vendor Enhanced Total Annual Expense 15000 Type Of Units Detached Year Built Source Vendor Enhanced Zoning R3

    Listing provided courtesy of Oliver Moussazadeh DRE#01721353 of Revilo Realty, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-25T07:42:33.097. 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.
     
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