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403 E Maple St

3 Unit Block of Flats £669,861 (£223,287/Unit) Chico, CA 95928

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Executive Summary

Remodeled tri-plex located close to Downtown Chico, Chico State, shopping and restaurants! Each townhouse style unit is 1,300 sqft and features 3 bedrooms and 3 bathrooms. Inside you will find the living room with all newer vinyl plank flooring and cozy fireplaces with classic brick surround. The kitchens have white appliances, including a newer dishwasher, gas stove, range, fridge and garbage disposals. Other updates include tile flooring in the bathrooms and all newer paint, baseboards and fans in every room. Each unit also features a private fenced patio, plenty of storage, central heat and air, washer and dryer, and off street parking. Property is professionally managed and all units are leased to June 2025.

Financial Summary (Actual - 2023) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	$99,999	$9.99
Operating Expenses	$99,999	$9.99
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	$99,999
Annual Per SF	$9.99

Operating Expenses
Annual	$99,999
Annual Per SF	$9.99

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	£669,861	Lot Size	0.19 AC
Price Per Unit	£223,287	Building Size	3,977 SF
Sale Type	Investment	Average Occupancy	100%
No. Units	3	Number of Floors	2
Property Type	Residential	Year Built	1984
Property Subtype	Apartment	Parking Ratio	1.51/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	£669,861
Price Per Unit	£223,287
Sale Type	Investment
No. Units	3
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.19 AC
Building Size	3,977 SF
Average Occupancy	100%
Number of Floors	2
Year Built	1984
Parking Ratio	1.51/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.