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575 East Avenue
USD 333,333
Property ID: SN25083958
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575 East Avenue ,95926
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icon 9148 SqFt
icon Built in 1954
icon USD 36/SqFt
icon 0 Bed
icon 0 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
2590
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1954
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Detailed Introduction Of This Home
This building generates nearly $40,0000 a year in annual rents with opportunity for more upside! Excellent investment opportunity! Very hard to find a cash cow updated commercial building on highly visible East Avenue in Chico at this price point. All six units are fully rented with one to two year leases. Property has six PG&E meters. The size and price point of these units are very desirable and have rented easily. All tenants have expressed desire to stay! Three of the units have been remodeled in the last couple months with modern flooring and new paint! This property comes with two jack and jill bathrooms and one unit that has a full bath. The exterior of the building has also been given a face lift with striking black and white paint. Commercial properties like this one at this price point do not become available often!
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (20)
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575 East Avenue
USD 333,333 0 Beds
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