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Sold for $425,000 on 04/16/24
  • Listing Provided by: 

    Matthew Herman DRE #01505777 530-212-7373,

    Keller Williams Realty Chico Area

    Bought with: Willow & Birch Realty, Inc
    $425,000

    1744 Oakdale St, Chico, CA 95928

    4beds
    3baths
    2,200sqft
    Duplex
    Built in 1942
    -- sqft lot
    $436,900 Zestimate®
    $193/sqft
    $1,729 Estimated rent

    Owner options

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    $1,729/mo

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    $1,729/mo

    Rent Zestimate®

    Refinance and save

    $2,594/mo

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    $2,594/mo

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    What's special

    Solid Investment Opportunity: Duplex with Strong Rental History of almost $3000 gross rents per month. Explore this investment duplex, offering a practical entry into real estate ownership. The main house spans 1,500 sq ft with 3 bedrooms and 2 bathrooms, featuring an updated kitchen, in-unit washer and dryer, and central heat and air. It also includes a fenced backyard for outdoor activities. The second unit, an 500 sq ft studio, comes with its own washer and dryer, adding convenience for tenants. Newer roof. With a Gross Rent Multiplier (GRM) of 11, this property presents itself as a cash-flowing asset from the outset. It's an ideal choice for those looking to start or expand their investment portfolio, especially for first-time investors keen on stepping into the real estate market. This property is a capable investment that requires some attention but promises a steady income stream in a reliable rental market.

    Zillow last checked: 8 hours ago

    Listing updated: April 17, 2024 at 08:30am

    Listing Provided by:

    Matthew Herman DRE #01505777 530-212-7373,

    Keller Williams Realty Chico Area

    Bought with:

    Jennifer Serna, DRE #01419600

    Willow & Birch Realty, Inc

    Source: CRMLS,MLS#: SN24040612MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Unfurnished, All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,200
    • Total interior livable area: 2,200 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,841 sqft
    • Features: 6-10 Units/Acre, Back Yard, Front Yard
    Details
    • Parcel number: 005231005000
    • Zoning: RD-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: Chico

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA,Fannie Mae