This true duplex is a solid investment property on a HUGE .52-acre lot with fruit trees and garden space. Unit A has been updated and rents for $2000 a month and is a spacious 3-bedroom 2-bath with newer double pane windows, HVAC, luxury vinyl flooring, a fireplace and newer washer and dryer and a large back yard with cherry trees, roses, lilacs and lots of shade trees. Unit B rents for $1500 a month. It has 2 good-sized bedrooms and 2 bathrooms and an open kitchen and living room with a fireplace and lots of natural light. It has a sunny patio and good size private back yard. Each unit has its own washer and dryer. 2 electric meters, 2 gas meters and tenants pay utilities. An over-sized carport provides 2 covered spaces and each unit has a storage cabinet in carport. Great rental history and long-term tenants. Situated in an established neighborhood and only a 10-minute drive to Chico State University. The famous Bidwell park is also 10 minutes away. Chico is a bustling college town known for its year-round farmers' markets, excellent restaurants, music, art galleries, award winning hospital and schools and world class outdoor activities. This would be a wonderful low-maintenance investment because the current property manager does a wonderful job and would love to continue managing it. It could also be a multi-generational living situation for someone wanting an urban gardening oasis.
Features
5 bedrooms
4 bathrooms
directions_car4 carspaces
directions_car2 carport spaces
2 open car spaces
2241 sq. ft. floor area
crop_free22651 sq. ft. lot size
cottageDuplex
Property history for 3403 Silverbell Road
2021
Sold
$555,000
31 Aug 2021 by Mary Ann Scott, of COLDWELL BANKER DUFOUR REALTY
Happy sellers in Chico
98%
sentiment_very_satisfied
98% of sellers in Chico reported that their sale price either exceeded or met their price expectations.
Chico stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 8 reviews in Chico over the last 12 months.
Local market activity for 5 bedroom duplexes in Chico
Sold
For Sale
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