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.
MLS #
CRSN24040612
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.50
Cooling
Central Forced Air
Heating
Central Forced Air
Pool
None
Garage/Parking
Garage: 2 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 2 |
1744 Oakdale St is a Duplex in Chico, CA 95928. This – square foot property sits on a 7,841 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $425,000 and was built in 1942.
This address can also be written as 1744 Oakdale St, Chico, CA 95928.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of April 17, 2024. For the most current information, please contact Matthew Herman, (530) 212-7373