32 bedroom house for sale

Overview

Residents enjoy the comfort of central heating and air conditioning in each unit, ensuring a pleasant living environment throughout the year

Seize this standout investment opportunity: two neighboring fourplexes (1120 Hazel Street and 615 W. 11th Street), perfectly positioned in the sought-after Barber Yard Vicinity. This unique setup not only offers an appealing aesthetic but also presents the opportunity for conventional fourplex financing, making it an ideal addition to any investor's portfolio. 8 Units Total: Each fourplex comprises 4 bedrooms and 2 bathrooms units, summing up to 32 bedrooms and 16 bathrooms. Residents enjoy the comfort of central heating and air conditioning in each unit, ensuring a pleasant living environment throughout the year. Additionally, a centrally located coin-operated laundry room adds convenience and functionality, enhancing tenant satisfaction and retention. The property is designed with low-maintenance landscaping, allowing for easy upkeep and a focus on cost-efficiency. Ample off-street parking, dedicated bicycle parking, and alley access are thoughtfully included, catering to the needs of all residents and ensuring a seamless living experience. Fully leased, generating a Gross Scheduled Income (GSI) of $164, 000 annually, offering a lucrative return on investment. With its strong income potential and desirable location, this property is a must-have! PLEASE DO NOT DISTURB TENANTS. For more details and to contact: https://realtyww.info/homes_chico-d523250/for-sale_i69386016