Chico, CA 95973 40 Coral Circle
$535,000
0 more
Presented By: John Wallace with Century 21 Select Real Estate, Inc.; 530-514-2405
- MLS# SN25172538
- 08/01/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 4
Baths • 1
SQFT • 2,285
Home Details
Four 1-bedroom units in this great 4plex. Rents quickly, Tenants will stay for more than 1 year reducing turnover cost. The property is located in a quiet Cul-De-Sac with very little traffic. Each unit has a gas meter and an electric meter. Landlord pays garbage @$87/month, and the complex has 1 water meter and the water heater with gas meter @ $200/month Insurance is $3000/year. This is a great property to start to build your retirement with.
Presented By: John Wallace with Century 21 Select Real Estate, Inc.; 530-514-2405
Interior Features for 40 Coral Circle
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Vinyl
Heating Y/NYes
Laundry FeaturesNone
Total Stories1
Window FeaturesDoublePaneWindows
Other Rooms
Entry Level1
General for 40 Coral Circle
Additional Parcels Y/NNo
AppliancesBuiltInRange, Dishwasher, Disposal, Refrigerator, VentedExhaustFan
Architectural StyleContemporary
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NYes
CityChico
Community FeaturesCurbs, DogPark, Fishing, Gutters, Hunting, Mountainous, Urban, WaterSports
Construction MaterialsFrame, Stucco
CoolingElectric, WallWindowUnits
CountyButte
Current FinancingNone
DirectionsCohasset Road to Cameo Dr to Coral Cir at the end of the street.
ElectricElectricityOnProperty
Electric Expense150.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income42300.0
HOANo
HOA Fee$0.0
HeatingNaturalGas, WallFurnace
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsExchange1031
Lot Size Square Feet13068.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income30506.0
New ConstructionNo
Number Of Units Total4
Operating Expense11794.0
Pool FeaturesNone
PostalCityCHICO
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot8
Taxes$5,350
Tenant PaysAllUtilities, CableTv
Trash Expense1044.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected
Water Sewer Expense2500.0
Year Built1971
Year Built SourcePublicRecords
ZoningR3
Exterior for 40 Coral Circle
Building Area Total2285.0
Crops Included Y/NNo
FencingChainLink
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixteenToTwentyUnitsAcre
Lot Size Acres0.3
Lot Size Area13068.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Parking FeaturesCarport
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate