155 Panama Avenue

    Chico, CA 95973
    • $725,000
    • STATUS: CONTINGENT
    • ON SITE: 3 days
    • ID#: 301760981
    Under Contract
    $725,000
    • 1
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    A great investment opportunity! This property features very limited turnover (once a year on average). In total there are 13 units with 12 studio apartments and one one bedroom (#13). Unit #8 was completely remodeled in the past weeks and is a great illustration of what these units can be. The interior photos featured are of the vacant. remodeled #8. At the southern most end of the building there is a storage shed not currently accessible by residents. Laundry facilities available to residents. There is p A great investment opportunity! This property features very limited turnover (once a year on average). In total there are 13 units with 12 studio apartments and one one bedroom (#13). Unit #8 was completely remodeled in the past weeks and is a great illustration of what these units can be. The interior photos featured are of the vacant. remodeled #8. At the southern most end of the building there is a storage shed not currently accessible by residents. Laundry facilities available to residents. There is plenty of space for all residents to park one vehicle per unit and off street parking available if needed. As an option, the property could be sold as a package with the neighboring lot, 2568 Esplanade. The two lots and buildings total 19 units and make up Panama Springs Apartments. 2568 Esplanade features a laundry room on the eastern side of the building that the current owners allow 155 Panama to utilize. Please inquire about both lots if interested.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.forsalesandiego.com/homes/100671085

    155 Panama Avenue Chico, CA 95973

    • Price: $725,000
    • Status: CONTINGENT
    • ID#: 301760981
    1
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1947
    Built
    Neighborhood:
    Chico (95973)
    County:
    Butte
    Area:
    Chico (95973)
    Property Description
    A great investment opportunity! This property features very limited turnover (once a year on average). In total there are 13 units with 12 studio apartments and one one bedroom (#13). Unit #8 was completely remodeled in the past weeks and is a great illustration of what these units can be. The interior photos featured are of the vacant. remodeled #8. At the southern most end of the building there is a storage shed not currently accessible by residents. Laundry facilities available to residents. There is p A great investment opportunity! This property features very limited turnover (once a year on average). In total there are 13 units with 12 studio apartments and one one bedroom (#13). Unit #8 was completely remodeled in the past weeks and is a great illustration of what these units can be. The interior photos featured are of the vacant. remodeled #8. At the southern most end of the building there is a storage shed not currently accessible by residents. Laundry facilities available to residents. There is plenty of space for all residents to park one vehicle per unit and off street parking available if needed. As an option, the property could be sold as a package with the neighboring lot, 2568 Esplanade. The two lots and buildings total 19 units and make up Panama Springs Apartments. 2568 Esplanade features a laundry room on the eastern side of the building that the current owners allow 155 Panama to utilize. Please inquire about both lots if interested.
    Exterior Features

    Pool N/K Site CurbsSidewalks

    Interior Features

    Cooling Wall/Window Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Units With Cooling 13 Units With Range Oven 13 Units With Refrigerators 13

    Property Features

    Annual Expense Actual 54385 Buildings 1 Gross Scheduled Income Actual 95908 Home Owners Fees 0 Sewer Septic Septic Installed Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 7060 Unit2 Rent Actual 700 Water Meter On Property

    Listing provided courtesy of Sheraton Investment Services. Listing information © 2019 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    Pacific Sotheby’s International Realty
    1180 Rosecrans St
    San Diego CA, 92106