498 E Sacramento Avenue Chico, CA 95926

$639,000 Active

About the Property

Location! Location! Location! Don't miss this once in a lifetime Chico investment property centrally located in one of the most beautiful and beloved neighborhoods in Chico. This property has been designed as a luxury rental and/or Airbnb. Filled with beautiful furniture, appliances, and extra linens that maybe sold separately. This is perfect for anyone looking to buy a fully set up Airbnb. Guests will enjoy Saturday morning Farmer's Market, Bidwell Park, dinners in downtown , or coffee at the local coffee shop. When you enter this stunning home you will be greeted with beautiful wood floors that open to a large open floor plan with bay windows that look into a gorgeous English garden filled with natural light. The living room has plenty of room for entertaining with the formal dining room leading to the kitchen. The kitchen is open to the family room, laundry room and backyard where kids can play. This kitchen has it all: coffee bar, kitchen bar, built-in cabinets, TV, large refrigerator, ceilings fans and lots of upgrades for your modern living. All 5 bedrooms are beautifully decorated, spacious and provide additional built-ins for all your wardrobe or storage needs. The backyard has a secluded hot tub to relax after a long days work with twinkle lights, fire pit and a nice seating area to enjoy a beautiful starry night with loved ones and friends. It is great for entertaining or for privacy to enjoy your morning or evening beverage relaxing in the garden area. There is plenty of room inside and outside for the entire family to have their own space as well as a four-legged pet to roam around and play. This is a one investment property you don't want to miss out on. Call for a private viewing today.

Property Information

Size 2,200 SqFt
Price/SqFt $290
Lot Size 0.14 Acres
Year Built 1948
Property Type Residential Income
Zoning R1
Listing Number SN24185271
Listed 9/5/2024
Modified 10/4/2024
Listing Agent Sandy Stoner
Listing Office Century 21 Select Real Estate, Inc.
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Cap Rate
  • 7.70
Carport Spaces
  • 1.00
Cooling
  • Central Air
Electric
  • Electricity - On Property
Fireplace
  • Living Room
Garage Spaces
  • 0.00
Gross Income
  • 49600.00
Gross Scheduled Income
  • 49600.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 30342.00
Operating Expense
  • 19258.00
Parking Total
  • 1.00
Pool
  • None
Price Pe rUnit
  • 639000
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Expenses
  • 16529.00
Water Source
  • Public
Construction Materials
  • Stucco
  • Wood Siding
Fencing
  • Average Condition
  • Wood
Views
  • Neighborhood
  • Trees/Woods
Community Features
  • Curbs
  • Sidewalks
  • Street Lights
Flooring
  • Carpet
  • Vinyl
  • Wood
Utilities
  • Electricity Connected
  • Sewer Connected
  • Water Connected
Appliances
  • Dishwasher
  • Disposal
  • Gas Cooktop
  • Microwave
  • Refrigerator
Interior
  • Built-in Features
  • Ceiling Fan(s)
  • Open Floorplan
  • Pantry
  • Track Lighting
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