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    2915 Godman Avenue

    Chico, CA 95973
    • $949,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 21713098
    UPDATED: 93 min ago
    $949,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,230
      SQFT
    • $181
      $/SQFT
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Fantastic Opportunity to Acquire an Income Producing Multi-Family Property w/ HUGE Development Potential! This sprawling Chico compound, set on over 30,000 square feet, is the perfect opportunity for an income investor, owner-user, or Developer looking to build their next multi-family cash cow (up to 17 units under high density zoning buyer to verify w/ city)! Property consists of 4 units currently used as short-term rentals for maximum income potential, grossing $75,000+/year. ** 2915 Godman Ave: Approx. 2440 sq. ft. main residence (4 Bed/2 Bath) ** 2917 Godman Ave: Approx. 1140 sq. ft. Bungalow (3 Bed/1 Bath) ** 2919 Godman Ave: Approx. 1000 sq. ft. Bungalow (1 Bed/1 Bath) ** Studio: Approx. 650 sq. ft. Non-Conforming (1 Bed/1 Bath) ** Each unit is separately gated for privacy, metered for gas/electric, & has laundry, private yard/parking & all amenities. Abundant space for RV/Boat parking & storage. Property is minutes from major shopping, dining, entertainment areas & schools. Great income producing potential while planning your development - a unique opportunity not to be missed!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
    www.necolrealty.com/homes/115650478
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    2915 Godman Avenue Chico, CA 95973

    • Price: $949,000
    • Status: Active
    • Updated: 93 min ago
    • ID#: 21713098
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    5,230
    SQFT
    $181
    $/SQFT
    1950
    Built
    County:
    Butte
    Property Description
    Fantastic Opportunity to Acquire an Income Producing Multi-Family Property w/ HUGE Development Potential! This sprawling Chico compound, set on over 30,000 square feet, is the perfect opportunity for an income investor, owner-user, or Developer looking to build their next multi-family cash cow (up to 17 units under high density zoning buyer to verify w/ city)! Property consists of 4 units currently used as short-term rentals for maximum income potential, grossing $75,000+/year. ** 2915 Godman Ave: Approx. 2440 sq. ft. main residence (4 Bed/2 Bath) ** 2917 Godman Ave: Approx. 1140 sq. ft. Bungalow (3 Bed/1 Bath) ** 2919 Godman Ave: Approx. 1000 sq. ft. Bungalow (1 Bed/1 Bath) ** Studio: Approx. 650 sq. ft. Non-Conforming (1 Bed/1 Bath) ** Each unit is separately gated for privacy, metered for gas/electric, & has laundry, private yard/parking & all amenities. Abundant space for RV/Boat parking & storage. Property is minutes from major shopping, dining, entertainment areas & schools. Great income producing potential while planning your development - a unique opportunity not to be missed!
    Exterior Features

    Architectural Style Bungalow Parking Features AssignedBoatDrivewayGuestPrivateRv Access/Parking View None View YN No

    Interior Features

    Appliances DishwasherDisposalRefrigerator Flooring TileWood Heating Wall Furnace Heating YN Yes

    Property Features

    Community Features Gated Gross Income 75000 Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 60000 Possession Close Of Escrow Security Features Gated Community Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Vacancy Allowance Rate 100 Zoning R3

    Listing provided courtesy of Oliver Moussazadeh of Revilo Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
     
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