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Jean Hoag   REALTOR® , Loan Consultant
CA-BRE # 01760464  NMLS # 242739

Cell Phone: 530-370-1558

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Listing 20 out of 183
Sold for $525,000 Sold

256 E 1st Avenue
Chico, CA 95926

1 unit | Multi Family Home
8276 sq ft lot - MLS# SN19003552
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Sold for $525,000 on Mar 8, 2019


This historical Victorian home is located in the heart of Chico and a stones throw away from Chico State, Enloe and Downtown Chico. Make this beautiful home your own or use as an investment property. Rent out a few rooms here or there to cover your mortgage all while having PLENTY of room for your private space. It has been used for both! As a former bed and breakfast, this well-crafted 8 bedroom, 3.5 bath home is now fully leased bringing in an annual gross income of $54,600. This 2900+sq. ft. home still retains the charm and character it was built with. From the front porch overlooking the neighborhood, to it's beautiful double-entry doors, up it's grand wooden staircase to it's rooms with double-hung windows, tall ceilings and transom windows, this home is sure to delight. The updated HVAC units are zoned for upstairs and downstairs and operate very efficiently with The Nest thermostat, keeping the electric bills between $130-$310, even in the hot summer months! There is a HUGE basement that can be used for all the additional storage you may need. The backyard and side yard are fully fenced and they offer plenty of room for outdoor fun and gardening. Possibilities are endless!


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $525,000
  • Zip Code: 95926
  • Year Built: 1949
  • Style: Victorian
  • Stories: Two
  • Units: 1 unit
  • Fireplace: Family Room, Yes
  • Lot Size: 8276 sq ft lot
  • View: Neighborhood, Yes
  • Zoning: RP
  • Appliances: Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2994.00
  • Building Area Units: Square Feet
  • Community Features: Curbs, Sidewalks
  • Cooling: Central Air
  • Cooling YN: Yes
  • Country: US
  • Directions: On E. 1st Ave one block away from esplanade.
  • Door Features: French Doors
  • Electric: 220 Volts in Laundry
  • Electric Expense: 2520.00
  • Fence YN: Yes
  • Fencing: Chain Link, New Condition
  • Flooring: Wood
  • Gardener Expense: 1200.00
  • Gross Income: 54600.00
  • Gross Scheduled Income: 54600.00
  • Heating: Central
  • Heating YN: Yes
  • Insurance Expense: 2000.00
  • Interior Features: Built-in Features, High Ceilings, Partially Furnished, Wainscoting
  • Laundry Features: Individual Room, Inside, Outside
  • Laundry YN: Yes
  • Listing Agent License: 01939578
  • Listing Office License: 01946759
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Yard
  • Lot Size Area: 8276.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 49100.00
  • New Taxes Expense: 4500.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 1
  • Number With Refrigerator: 1
  • Operating Expense: 5500.00
  • Property Condition: Turnkey
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Composition
  • Room Type: Attic, Basement, Entry, Kitchen, Laundry, Living Room, Multi-Level Bedroom, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Selling Agent: Cliff Broman
  • Selling Agent License: 00925568
  • Selling Office: Coldwell Banker Ponderosa R.
  • Selling Office License: 01198431
  • Sewer: Public Sewer
  • Total Expenses: 11816.00
  • Trash Expense: 396.00
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Sewer Expense: 1200.00
  • Water Source: Public
  • Year Built Source: Assessor
  • Sold Price: 525000.00
  • Sold Date: 2019-03-08
Courtesy of Nexthome North Valley Realty, Kelli Smyth

Jean Hoag 530-370-1558 | Contact Me

California Realty Partners   Cal BRE #01872387

1838 Feather River Blvd., Suite A  Oroville, CA 95965

(530) 282-4708

United Wholesale Lending - NMLS #253083

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