1572 Warner and 1572 1/2 St, Chico, CA 95926

Property Description

Are you a savvy investor looking to set yourself up in 2019? With low housing availability, especially around Chico State, this property with TWO HOMES on ONE lot could be the perfect opportunity to capitalize on owning a rental property before the frenzy begins! Both units are clean and well kept. Front house is a 4 bedroom, 2 bathroom with a good sized living room, separate dining room and updated kitchen. Kitchen offers stainless steel gas appliances, original white cabinets with chrome hardware and granite counter-tops with breakfast bar. Studio apartment in the back, 1572 ½ Warner, includes a full bathroom and recently remodeled kitchen with stainless electrical appliances. Rent out both units, or live in one (or your CSU student) and use the other unit for extra income! Shared yard with a manageable sized lawn, bordered planting areas and patio. Street parking in the front, with alley access and off street parking in the back. Front unit rented until end of June 2019 and back unit rented until end of May 2019. Front home currently rented for $1750 a month and detached studio rents for $650 a month. Let the positive cash flow begin! With these homes being less than a mile from campus, this is the ultimate location!