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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN24120725
Year Built 2021
Lot Size 0.680 Acres
Property Description
Fantastic 2021 built Quadplex in Paradise fully rented and producing income, seller financing available. The Quadplex features 2-bedroom, 1 bathroom units with an oversized 351 square foot 1 car garage. Each unit rents for 1,500 per month. 72,000 gross income a year. The kitchen offers cabinets with soft close doors and drawers, pantry closet, granite countertops and under mount sinks in the kitchen and bathroom. Stainless steel appliances including a refrigerator, microwave hood, range/oven and a dishwasher. Individual 1 car garages with laundry with washer and dryer included. The units have luxury vinyl plank flooring throughout the entire unit. Each unit has a dining area with a slider leading to the landscaped backyard. The backyards are fully fenced for tenants and has a concrete patio for each unit. High efficiency mini split heating and air system with separate thermostats for the living room and both bedrooms. The fully finished oversized single car garage comes with a remote opener for easy access. The garages separates the individual units so there are no shared walls with your neighbor. Water, Garbage and yard care are included in the rent. The Quadplex is located in lower Paradise for easy commute to Chico. The entire property is landscaped and fully irrigated. The property offers fully asphalt drive into the concrete driveway for each unit garages. Fantastic opportunity to own a new Quadplex with all new infrastructure for years of limited maintenance and expense!
Location
State CA
County Butte
Zoning C2
Interior
Heating Forced Air
Cooling Zoned
Flooring Vinyl
Fireplaces Type None
Laundry Washer Hookup, Electric Dryer Hookup, In Garage
Exterior
Parking Features Assigned, Concrete, Direct Access, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Excellent Condition, Wood
Pool None
Community Features Biking, Dog Park, Foothills, Fishing, Hiking, Lake, Near National Forest, Park, Water Sports
Utilities Available Electricity Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Building
Lot Description 0-1 Unit/Acre, Drip Irrigation/Bubblers, Landscaped
Story 1
Foundation Slab
Sewer Septic Tank
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan, Owner May Carry
Listing Terms Cash to New Loan, Owner May Carry
Special Listing Condition Standard
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Bought with Brian Voigt • Re/Max Home and Investment
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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