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Sold for $599,000 on 11/03/23
  • Listing Provided by: 

    Casey Smyth DRE #01941937 530-402-4411,

    NextHome North Valley Realty

    Bought with: NONMEMBER MRML
    $599,000

    8 Lorayne Ct, Chico, CA 95926

    8beds
    4baths
    3,712sqft
    Quadruplex
    Built in 1980
    -- sqft lot
    $649,000 Zestimate®
    $161/sqft
    $1,900 Estimated rent

    Owner options

    List your home for rent

    $1,900/mo

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    $1,900/mo

    Rent Zestimate®

    Refinance and save

    $3,613/mo

    Est. payment

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    $3,613/mo

    Est. payment

    What's special

    This is a great opportunity to own an investment property located just blocks away from CSU Chico. This well-positioned 4-plex offers not only immediate rental income but also substantial potential for increased capital appreciation and enhanced cash flow. Don't miss out on this opportunity to secure a 4-plex with potential for value enhancement and increased market rents. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a strategic entry point into the real estate market, this property offers a combination of location, potential, and profitability.

    Zillow last checked: 8 hours ago

    Listing updated: November 03, 2023 at 05:19pm

    Listing Provided by:

    Casey Smyth DRE #01941937 530-402-4411,

    NextHome North Valley Realty

    Bought with:

    General NONMEMBER, DRE #02032437

    NONMEMBER MRML

    Source: CRMLS,MLS#: SN23146463MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator
    • Laundry: Common Area
    Features
    • Flooring: Carpet
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,712
    • Total interior livable area: 3,712 sqft

    Property

    Parking
    • Parking features: On Site, On Street
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 9,583 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 043131024000
    • Zoning: R3
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Curbs, Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Chico

    Other

    Other facts
    • Listing terms: Submit