256 E 1st Avenue

    Chico, CA 95926
    • $525,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: SN19003552
    UPDATED: 50 min ago
    $525,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,994
      SQFT
    • $175
      $/SQFT
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    This historical Victorian home is located in the heart of Chico and a stones throw away from Chico State, Enloe and Downtown Chico. Make this beautiful home your own or use as an investment property. Rent out a few rooms here or there to cover your mortgage all while having PLENTY of room for your private space. It has been used for both! As a former bed and breakfast, this well-crafted 8 bedroom, 3.5 bath home is now fully leased bringing in an annual gross income of $54,600. This 2900+sq. ft. home still retains the charm and character it was built with. From the front porch overlooking the neighborhood, to it's beautiful double-entry doors, up it's grand wooden staircase to it's rooms with double-hung windows, tall ceilings and transom windows, this home is sure to delight. The updated HVAC units are zoned for upstairs and downstairs and operate very efficiently with The Nest thermostat, keeping the electric bills between $130-$310, even in the hot summer months! There is a HUGE basement that can be used for all the additional storage you may need. The backyard and side yard are fully fenced and they offer plenty of room for outdoor fun and gardening. Possibilities are endless!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-01-22T07:28:15.52. 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. Licensed in the State of California, USA.
    www.laffinsrealestate.com/homes/90747585

    256 E 1st Avenue Chico, CA 95926

    • Price: $525,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: SN19003552
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    2,994
    SQFT
    $175
    $/SQFT
    1949
    Built
    County:
    Butte
    Property Description
    This historical Victorian home is located in the heart of Chico and a stones throw away from Chico State, Enloe and Downtown Chico. Make this beautiful home your own or use as an investment property. Rent out a few rooms here or there to cover your mortgage all while having PLENTY of room for your private space. It has been used for both! As a former bed and breakfast, this well-crafted 8 bedroom, 3.5 bath home is now fully leased bringing in an annual gross income of $54,600. This 2900+sq. ft. home still retains the charm and character it was built with. From the front porch overlooking the neighborhood, to it's beautiful double-entry doors, up it's grand wooden staircase to it's rooms with double-hung windows, tall ceilings and transom windows, this home is sure to delight. The updated HVAC units are zoned for upstairs and downstairs and operate very efficiently with The Nest thermostat, keeping the electric bills between $130-$310, even in the hot summer months! There is a HUGE basement that can be used for all the additional storage you may need. The backyard and side yard are fully fenced and they offer plenty of room for outdoor fun and gardening. Possibilities are endless!
    Exterior Features

    Architectural Style Victorian Fence YN Yes Fencing Chain LinkNew Condition Garage Spaces 0.00 Lot Features 0-1 Unit/AcreBack YardCorner LotFront YardYard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition View Neighborhood View YN Yes

    Interior Features

    Appliances Gas OvenGas StoveMicrowaveRefrigerator 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 No Common Walls Cooling Central Cooling YN Yes Door Features French Doors Fireplace Features Family Room Fireplace YN Yes Flooring Wood Heating Central Furnace Heating YN Yes Interior Features Built-InsHigh Ceilings (9 Feet+)Partially FurnishedWainscoting Laundry Features Individual RoomInsideOutside Levels Two Room Type AtticBasementEntryKitchenLaundryLiving RoomMulti-Level BedroomSeparate Family RoomWalk-In ClosetWalk-In Pantry

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric 220V In Laundry Electric Expense 2520.00 Elevation Units Feet Gardener Expense 1200.00 Gross Income 54600.00 Gross Scheduled Income 54600.00 Insurance Expense 2000.00 Land Lease YN No Laundry YN Yes Net Operating Income 49100.00 New Construction YN No New Taxes Expense 4500.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number With Dishwasher 1 Number With Refrigerator 1 Operating Expense 5500.00 Property Condition Turnkey Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricity Total Expenses 11816.00 Trash Expense 396.00 Utilities Cable AvailableSewer ConnectedWater Connected Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor Zoning Rp

    Listing provided courtesy of Kelli Smyth of Nexthome North Valley Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-01-22T07:28:15.52. 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. Licensed in the State of California, USA.
     
    Remax of Chico - The Laffins Real Estate Team
    1834 Mangrove Ave
    Chico CA, 95926