1/2 acre in town -worst house in best area

901 W 12th Ave, Chico, CA 95926

$275,000 After Repair Value -
$240,000 Asking Price -
$8,000 Cost of Repairs =
$27,000 Potential Profit

Property Details

Asking Price $240,000

After Repair Value $275,000

Costs of Repairs $8,000

Potential Profit $27,000

Living Area 1276 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $19,200

Yearly Expenses $1,200

Property Taxes $2,500

Net Operating Income N/A

Cap Rate N/A

Property Description

New roof in 2017
All new windows in 2015

Nothing else special. Its a manufactured home on perm foundation
needs floor replaced in master from tenant leak they never told me about(evicted finally)

do NOT call. email only.

and it has NOT been cleaned yet from terrible, evicted tenants.
Then email me for my phone number and call if you still want to see inside.

The location-its a superior location.
For 13 years we LOVED it but could not afford to build our dream house so bought a different house in 2015.
You can be downtown in a super short time and about 10-15 minutes by bike.
Super close to Raleys and that shopping and tucked away and quiet and private but real close to freeway access both 99 and I5 towards Orland.
We REALLY miss the location but cant afford to build and move back.

Repairs Needed

flooring\r\nsubfloor in master bath\r\npaint\r\nsiding\r\ncleanout

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