$1,100,000
Chico, CA 95973
MLS# 19-140
Status: Closed

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Property Description
Northwind Apartments is a newer well-maintained 8-plex in Chico with 4-3 bedroom units and 4-2 bedroom units. 18 parking spaces, private BBQ area, upstairs units have shared balcony and ground level units have shared porches. Granite counters in kitchen and bathrooms, tile floors in kitchen and bathrooms. Rents are below market. Price based on projected rents. CLA for additional information.
Details
Maps
Address Information
Cross Street: East Ave
Street Number: 2534
Street Name: North Ave
State/Province: CA
Postal Code: 95973
County: Butte
Property Description
Property Sub Type: Residential Income
List Price: 1250000
Parcel Number: 015-240-053
Lot Dim or Acres: 0.4
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 06-10 Years
Stories: 2
Current Price: $1,100,000
Area: 99 - Outside Area
Subdivision: N/A
Year Built: 2009
Remarks
Public Remarks: Northwind Apartments is a newer well-maintained 8-plex in Chico with 4-3 bedroom units and 4-2 bedroom units. 18 parking spaces, private BBQ area, upstairs units have shared balcony and ground level units have shared porches. Granite counters in kitchen and bathrooms, tile floors in kitchen and bathrooms. Rents are below market. Price based on projected rents. CLA for additional information.
Directions: Hwy 99 to East Ave, head east to North Ave, on corner of East and North.
Unit Type
5 or More: 1
Sub Zoning
Conforming: 1
Exterior
Stucco: 1
Wood: 1
Parking
Assigned: 1
Off Street: 1
Unit Description
2 Bedroom: 1
3 + Bedroom: 1
Miscellaneous
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Balcony/Deck: 1
Refrigerator: 1
Washer/Dryer: 1
Ownership
Non CA Owner: 1
Heating
Forced Air: 1
Cooling
Central: 1
Available Terms
All Cash to Seller: 1
Cash: 1
Cash to New Loan: 1
Expense Data Source
Accountant: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
New Loan: 1
Owner Expenses
Account: 1
Account $ Amount: 2500
Water: 1
Garbage: 1
Garbage $ Amount: 300
Management: 1
Management $ Amount: 5661
Sewer: 1
Sewer $ Amount: 486
Real Estate Tax: 1
RE Tax $ Amount: 13196
Water $ Amount: 486
Financial Info
Gross Income $: 81909
Tenant Expenses
Electric: 1
Gas: 1
Existing Rntl Terms
Month to Month: 1
Lease: 1
Written Lease: Yes
Deposit Held: 1
Unit 1
Unit #: 1
# Bedrooms: 3
# Baths: 2
Rent: 1000
Deposit: 1000
SqFt: 1196
Lease: month-to-month
Remarks: Tenant since 9/2016
Unit 2
Unit #: 2
# Bedrooms: 2
# Baths: 2
Rent: 775
Deposit: 850
SqFt: 972
Lease: month-to-month
Remarks: Tenant since 11/2012
Unit 3
Unit #: 3
# Bedrooms: 3
# Baths: 2
Rent: 1075
Deposit: 1000
SqFt: 1196
Lease: expires 6/30/2019
Remarks: Tenant since 7/2018
Unit 4
Unit #: 4
# Bedrooms: 2
# Baths: 2
Rent: 775
Deposit: 850
SqFt: 972
Lease: month-to-month
Remarks: Tenant since 9/2014
Unit 5
Unit #: 5
# Bedrooms: 3
# Baths: 2
Rent: 975
Deposit: 1000
SqFt: 1196
Lease: month-to-month
Remarks: Tenant since 12/2015
Unit 6
Unit #: 6
# Bedrooms: 2
# Baths: 2
Rent: 700
Deposit: 850
SqFt: 972
Lease: month-to-month
Remarks: Tenant since 8/2011
Unit 7
Unit #: 7
Bed: 3
Bath: 2
Rent: 900
Deposit: 1000
SqFt: 1196
Lease: month-to-month
Remarks: Tenant since 8/2011
Unit 8
Unit #: 8
Bed: 2
Bath: 2
Rent: 875
Deposit: 850
SqFt: 972
Lease: expires 7/31/2019
Remarks: Tenant since 8/2018
Contract Information
Status: Closed
List Date: 2019-01-09
Sold Date: 2019-04-17
Under Contract Date: 2019-02-15
Sold Price: $1,100,000
Property Features
Unit Type: 5 or More
Sub Zoning: Conforming
Exterior: Stucco; Wood
Parking: Assigned; Assigned; Off Street; Off Street
Unit Description: 2 Bedroom; 3 + Bedroom
All Units Include: Air Conditioner; Balcony/Deck; Refrigerator; Washer/Dryer
Heating: Forced Air
Cooling: Central
Miscellaneous: Smoke Detectors
Ownership: Non CA Owner
Owner Expenses: Account; Garbage; Management; Real Estate Tax; Sewer; Water
Tenant Expenses: Electric; Gas
Existing Rntl Terms: Month to Month; Deposit Held
Expense Data Source: Accountant
Available Terms: All Cash to Seller; Cash; Cash to New Loan
Possession: Close of Escrow
Photo: Agent Upload
Selling Terms: New Loan
IDX
Listing Office: Shasta Sotheby's International Realty
Co Office Name: Big Valley Properties
Co Listing Agent: NON MEMBER
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.