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$400,000
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Property Description
Discover the perfect investment! This duplex is nestled close to downtown with convenient access to freeways and Bidwell Park. With a 2-bedroom, 1-bath unit downstairs, leased through May 2025, and a furnished 1-bedroom, 1-bath unit upstairs, this property will ensure a steady income stream for the investor, OR live in one unit while enjoying supplemental rental income. Both units have been updated with wood laminate flooring. Dual pane windows and a new roof were installed 5+ years ago. There are ductless mini splits and ceiling fans throughout. There are separate gas and electric meters for each unit and the property has been connected to City Sewer. The spacious backyard is fenced and includes a detached storage structure and laundry room. Whether you're an astute investor or a discerning homeowner looking for versatility and income potential, this duplex presents a compelling proposition. Don't miss your chance to capitalize on this offering!
Full Property Details
Full Property Details for 1021 Alder St
General
- Sold For: $400,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SN24044467
- Added to Site: 746 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
- Appliances: Electric Range, Refrigerator
Rooms
Other Rooms
- Laundry: Dryer Included, Electric Dryer Hookup, See Remarks, Washer Hookup, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Location
- County: Butte
- Driving Directions: Alder between 9th and Humboldt
Heating & Cooling
- Cooling Type: Ductless, Wall/Window Unit(s)
- Heating Type: Ductless, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Roof: Composition
- Windows: Double-Pane Windows
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,464
- Year Built: 1981
Additional Structures
- Other Structures: Outbuilding, Shed(s)
Lot Features
- Property View: None
- Lot Size (Acres): 0.14
- Lot Size Source: Assessor
- Zoning: AR
- Lot Description: Back Yard, Front Yard, Rectangular Lot, Level
Financial Considerations
- Price Per Sq. Ft.: $273.22
- Price Per Unit: 192500
Disclosures and Reports
- Inclusions: All contents of Unit B to be included with the sale. Washer and Dryer and Refrigerators included.
Listed by Re/Max of Chico, Shane Collins
Sold by Better Homes and Gardens Real Estate Welcome Home, Emma Feldman
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Schools
Schools serving 1021 Alder St
School District:Chico Unified School District
| Name | Grades | Distance |
|---|---|---|
Parkview Elementary School, Chico, CA 1770 East 8th Street, Chico, CA 95928 | K-5 | 1 mi |
Chico Junior High School 280 Memorial Way, Chico, CA 95926 | 6-8 | 0.8 mi |
Chico High School 901 Esplanade, Chico, CA 95926 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1021 Alder St
Date
Details
Price
Change
Source
4/16/2024
Sold
$400,000
3.9%
MLS
3/05/2024
Listed
$385,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1021 Alder Street, Chico, CA 95928 (MLS# SN24044467) is a Multi-Family property that was sold at $400,000 on April 16, 2024. Want to learn more about 1021 Alder Street? Do you have questions about finding other Multi-Family real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.
