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$649,500   Price Analysis
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1733 Hemlock St
Chico, CA 95928
8 bed 4 bath 2,880 SqFt ($225/SqFt)
8,712SqFt lot. Built 1975
Listed 2024-06-25, Taxes $2,602
Ⓧ USDA Ineligible
due to location

near Chico

Nestled in a quiet location near downtown

* Has Contingent Offer *

This extremely well-maintained 4-plex offers convenient access to highways 32 and 99. The property features a large off-street parking lot and consists of four 2-bedroom, 1-bath units, each equipped with dual pane windows, a gs wall heater and wall/window AC.

One of the units has been recently renovated, showcasing vinyl flooring, new carpets, baseboards and crown molding. Residents will appreciate th e convenience of an on-site shared laundry facility. The building has been exceptionally well maintained and roof and pest clearances are on file. Dont miss out on this turnkey investment opportunity!


Presented by Shane Collins at
REMAX Of Chico.
Listing Agent Photo

Property MLS #SN24129484 from CRMLS

Bedrooms: 8

Appliances: Electric Oven, Electric Range, Electric Cooktop, Microwave, Refrigerator
Appliances YN: Yes
Laundry Features: Common Area, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup

All Bedrooms Down

Cooling Features: Wall/Window Unit(s)
Heating Features: Natural Gas, Wall Furnace
Heating: Yes

Full Bathrooms: 4

Window Features: Double Pane Windows

Fencing: Fence YN: Yes, Fencing: Wrought Iron
Road Surface Type: Paved

Lot Description: Lawn, Rectangular Lot, Level
Lot Size Acres: 0.2
Lot Size Source: Assessor
Lot Size Square Feet: 8712

Parking Features: Parking YN: Yes, Parking Features: Paved, Off Street

View: Neighborhood

Number of Units: 4
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1

Calculated Total Monthly Association Fees: 0
Gardener Expense: 2100.00

Tenant Pays: Cable TV, Electricity, Gas
Rent Control: Yes

Community Features: Suburban

Source Listing Status: Active Under Contract
County: Butte
Source Property Type: Residential Income
Exclusions: Washer and Dryer not owned (vendor operated)
Inclusions: Range, Refrigerators
Insurance Expense: 3239.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Parcel Number: 005242009000
Pest Control Expense: 200.00
Postal Code Plus 4: 6678
Trash Expense: 1038.00
Zoning: R-2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$165,965 + $63,903
$229,868
$2,602
2022$162,711 + $62,650
$225,361
$2,562
2021$159,521 + $61,422
$220,943
$2,510
2020$157,886 + $60,793
$218,679
$2,506
2019$154,791 + $59,601
$214,392
$2,464
2018$151,756 + $58,433
$210,189
$2,418
2017$148,781 + $57,288
$206,069
$2,365
2016$145,864 + $56,165
$202,029
$2,162
2015$143,673 + $55,322
$198,995
$2,161
2014$140,859 + $54,239
$195,098
$2,114
2013$140,223 + $53,994
$194,217
$2,134
2012$137,474 + $52,936
$190,410
$2,003
2010$134,779 + $51,899
$186,678
$1,975
2009$134,090 + $51,635
$185,725
$2,010
2009$133,772 + $51,512
$185,284
$2,010
2008$131,461 + $50,623
$182,084
$1,953
2007$128,884 + $49,631
$178,515
$1,887

Listed 2024-06-25
$649,500
CRMLS

Net Operating Income: 38959.00

Total Square Feet Living: 2880
Year Built: 1975
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Stucco
Entry Level: 1
Entry Location: 1
Property Age: 49
Property Attached: Yes
Property Condition: Turnkey
Levels or Stories: One
Building Total Stories: 1
Structure Type: Quadruplex
Year Built Source: Public Records

Electric Expense: 618.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1548.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Chapman Elementary School is a public elementary school located approximately 0.6 miles away.
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Chico High School is a public high school located approximately 1.5 miles away.
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Marsh (Harry M.) Junior High School is a public middle school located approximately 1.8 miles away.
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American Christian Academy - Ext is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.