1130 Chestnut Street

Chico, CA 95928

$545,000
Last Sold Price
7
Beds
6
Baths
4,166 Sq. Ft.
$131 / Sq. Ft.
4,166
Sq. Ft.
$131
per Sq. Ft.

Description

Clad with historic Chico charm! This 3 story income property consists of 2 units on each level, totaling 6 unit; 5- 1 bedroom/1 bath units, & 1- 2 bedroom/1 bath unit. Coin operated laundry, off site parking & walking distance to CSU and downtown in a lovely neighborhood make this an inviting investment opportunity.Clad with historic Chico charm! This 3 story income property consists of 2 units on each level, totaling 6 unit; 5- 1 bedroom/1 bath units, & 1- 2 bedroom/1 bath unit. Coin operated laundry, off site parking & walking distance to CSU and downtown in a lovely neighborhood make this an inviting investment opportunity.
  1. Listed by Steve Depa • DRE #00813533 • Brokerage DRE #01996441 • Re/Max of Chico

Property Details for 1130 Chestnut Street

Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4166
Assessor Parcel Number
005113011000

Location

Listing Courtesy of Re/Max of Chico, Steve Depa, DRE #00813533

Sold By Re/Max of Chico, Steve Depa, DRE #00813533

Add your commute
LISTING UPDATED: 03/16/2020 04:38 AM

Property Details for 1130 Chestnut Street

StatusClosed
MLS #SN20006547
Days on Compass14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1908
Lot Size0.13 AC / 5,663 SF
CountyButte County

Location

Listing Courtesy of Re/Max of Chico, Steve Depa, DRE #00813533

Sold By Re/Max of Chico, Steve Depa, DRE #00813533

Add your commute

Building Information for 1130 Chestnut Street

Stories3Residences-Year Built1908Building Size-Lot Size0.13 AC / 5,663 SF

Payment Calculator

$3,509 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,974

Property Taxes

$535

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1130 Chestnut Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $4,961
  • Gross Scheduled Income: $60,932
  • Net Operating Income: $47,187
  • Laundry Income: $1,400
  • Financing: Cash
Expense Details
  • Operating Expense: $13,745
  • New Taxes Expense: $6,270
  • Gardener Expense: $1,000
  • Fuel Expense: $0
  • Electric Expense: $450
  • Insurance Expense: $1,500
  • Maintenance Expense: $1,200
  • Professional Management Expense: $0
  • Trash Expense: $750
  • Water Sewer Expense: $2,575
  • Total Expenses: $13,745
Tax / Assessment Info
  • Tax Block: 10
  • Tax Census Tract: 12.00
  • Tax Lot: 4
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lawn
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Meter on Property
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $798
  • Unit Type Total Rent: $9,570
  • Unit Type Pro Forma: 820
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $820
  • Unit Type Total Rent: $9,834
  • Unit Type Pro Forma: 820
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $797
  • Unit Type Total Rent: $9,564
  • Unit Type Pro Forma: 820
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $820
  • Unit Type Total Rent: $9,834
  • Unit Type Pro Forma: 820
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $793
  • Unit Type Total Rent: $9,510
  • Unit Type Pro Forma: 820
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $935
  • Unit Type Total Rent: $11,220
  • Unit Type Pro Forma: 945
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 1130 Chestnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1130 Chestnut Street

Taxable ValueLand$199,723Additions$373,065Total$572,788
Tax Record2023$6,421 ($535 / month)
Home Facts
Baths6Total Finished SqFt4,166 SqFtAbove Grade Finished SqFt4,166 SqFtStories3Lot Size5,662 SqFtStyleMulti-Family Res (5+ Units)Year Built1908Year Renovated1950ZoningR1CountyBUTTEAPN005-113-011-000

Schools near 1130 Chestnut Street

This home is within Chico Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Chapman Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Chico Country Day School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max of Chico, Steve Depa, DRE #00813533

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.