Chico, CA 95973,2915 Godman
Chico, CA 95973,2915 Godman
Chico, CA 95973,2915 Godman
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Scott Woodburn

Scott Woodburn

+1(949) 818-8850
$649,850
Est. payment /mo
0.69 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID FR26014815

HOA Y/N No

Year Built 1965

Lot Size 0.690 Acres

Property Sub-Type Triplex

Property Description

Investor Opportunity | 1031 Exchange Chico Gem | Welcome to 2915, 2917, 2919 Godman Ave, known as Godman Arbor Commons, in Chico Ca represents a truly exceptional and strategic opportunity for the discerning investor or 1031 exchanger. This property uniquely combines a rare, R2-zoned | Min 6 units -14 units Max per Acre. 69 acres | with significant medium-density development potential, immediate income-generating | former AirBNB ; rentals with existing homes ( per Seller ) comprising of 3 br | 1 ba Bonus Room= 1140 sf and 2 br | 1 ba | Shop=1000 sf capacity from high-demand rental markets, and a prime location within Chico's thriving real estate landscape. Despite its current fixer upper status | ie recent fire | July 2023 | on one of the homes at 2915 Godman | 5br | 2ba | 2500 sf | it offers a unique canvas for substantial value creation, promising both robust cash flow on the EXISTING income generating homes- 3 br | 1ba Bonus Room & 2 br | 1 ba - and significant long-term capital appreciation for those ready to seize this AMAZING OPPORTUNITY. Further, the subject property is located in the Infill Development | less than 5 acres | which may NOT require an Environmental Impact Study per City of Chico ( Buyer to verify )

Location

State CA

County Butte

Interior

Heating Central

Fireplace No

Laundry Inside

Exterior

Parking Features Assigned, Driveway

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Biking, Park, Suburban, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 11-15 Units/Acre, 6-10 Units/Acre

Story 1

Entry Level One

Sewer Septic Type Unknown

Water Well

Architectural Style Cottage

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 007220012000

Energy Description 200.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Rufi Alday Real Broker 559-903-8127

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Scott Woodburn

Scott Woodburn

+1(949) 818-8850

Real Estate Professional Knowledge Broker | License ID: 01185194

Real Estate Professional Knowledge Broker License ID: 01185194

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