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1013 Frances Drive

Chico, CA 95973
  • $625,000
  • STATUS: Closed
  • ON SITE: 110 Days
  • ID#: SN24198482
Sold - 01/10/2025
$625,000
SOLD - 01/10/2025
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1976
County:

School Ratings & Info

Listing Agent(s): Becky Prater of Platinum Partners Real Estate (530-228-2550)


Description

Hard to find triplex with each unit having it's own 2 car garage, laundry facilities and fully functional units! If you re looking for multi-generational living this tri-plex could work for you AND provide additional income! There is a 3 bedroom unit at the front of this building, then 2 bedroom, 2 bath units behind it. The long driveway accesses both of those garages and front doors! Recent updating to plumbing, a kitchen stove, a heater have been completed. Seller has owned this for many years, it was a great income opportunity for them, it can be for you as well! Don't miss the chance to earn income and have a living space for yourself, this can be a money maker, or your first opportunity to get in to your first home!

Sold by Michelle Palmquist of Re/Max of Chico.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-20T10:29:43.667. 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 CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/156138557
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1013 Frances Drive Chico, CA 95973

  • Price: $639,000
  • Status: Closed
  • On Site: 110 Days
  • Updated: 52 min ago
  • ID#: SN24198482
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1976
Built
County:
Butte
Property Description
Hard to find triplex with each unit having it's own 2 car garage, laundry facilities and fully functional units! If you re looking for multi-generational living this tri-plex could work for you AND provide additional income! There is a 3 bedroom unit at the front of this building, then 2 bedroom, 2 bath units behind it. The long driveway accesses both of those garages and front doors! Recent updating to plumbing, a kitchen stove, a heater have been completed. Seller has owned this for many years, it was a great income opportunity for them, it can be for you as well! Don't miss the chance to earn income and have a living space for yourself, this can be a money maker, or your first opportunity to get in to your first home!
Exterior Features

Construction Materials DrywallStucco Entry Level 1 Entry Location 1 Fencing Wood Foundation Details Slab Lot Features 2-5 Units/AcreStreet Level Number Of Separate Electric Meters 3 Parking Features Door-MultiDriveway LevelGarage Faces FrontGarageGarage Faces Side Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances DishwasherElectric RangeDisposalRefrigeratorWater Heater Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Gas StarterLiving Room Fireplace YN Yes Flooring CarpetVinyl Heating CentralNatural Gas Heating YN Yes Interior Features All Bedrooms DownBedroom on Main LevelMain Level Primary Window Features Screens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Buyer Financing Cash to New Loan Common Interest None Community Features Gutter(s)Street LightsSuburban Contingency Showing is available for one unit(2 bedroom) only with 24 hour noticethe other units will not be shown until and unless there is an accepted purchase agreement Disclosures Principal is Real Estate Licensed Electric 220 Volts in Garage Electric Expense 0 Exclusions washers/dryers Fuel Expense 0 Garage YN Yes Gross Income 55500 Gross Scheduled Income 55500 Inclusions refrigerators Insurance Expense 1800 Land Lease YN No Laundry Features Electric Dryer HookupIn Garage Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 53100 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 2400 Possession See Remarks Property Condition Repairs Cosmetic Property Sub Type Triplex Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasGrounds CareTrash Collection Total Actual Rent 4765 Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 600 Water Source Public Zoning R4



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-20T10:29:43.667. 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 CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Becky Prater of Platinum Partners Real Estate (530-228-2550)