3123 4th St

Biggs, CA 95917 View Map $355,000 Schedule a Tour
Sq.Ft. Lot5,663
Year1962

Avenue 23 Realty

(855) 838-3452

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Status: Active
Property Type:Duplex
MLS #:SN24024090
On Site:110 Days
Lot Size:5,663 Sq. Ft.
County:Butte
Investment opportunity! This property features two remodeled 2-bedroom, 1-bath units, each with a 1-car attached garage and a small private fenced yard. With newer windows installed in 2019, you can enjoy natural light and energy efficiency throughout. Investors and homeowners alike will appreciate the convenience of attached 1-car garages for each unit, providing secure parking and additional storage space. The small private fenced yards offer a perfect spot for relaxation. With the potential to have a tenant in one unit, this property offers an excellent opportunity to generate rental income while enjoying the benefits of homeownership. It's a win-win situation for savvy investors or those looking for a smart housing solution. Whether you're an investor looking to expand your portfolio or a homeowner seeking additional income, this duplex with two 2-bedroom, 1-bath units is an outstanding choice. Including the fantastic opportunity to also purchase the contiguous Duplex next door at 3121 4th St Biggs for the same price $379,000 SN24024087

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
5/8/2024$379,000$355,000-6.3%

Community Information

Address:3123 4th St, Biggs, CA 95917
County:Butte
City:Biggs
Zip Code:95917

Architecture

Year Built:1962
Stories:1
Building Area: 1674.0
Number of Buildings: 1
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,100 actual rent • $13,200 total rent • $13,200 pro forma
Unit 2: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $971 actual rent • $11,652 total rent • $13,200 pro forma
Garage Spaces: 1.0

Features / Amenities

Fireplace Features: Bath, Kitchen
Laundry: In Garage
Entry Level: 1
Entry Location: front
Common Walls: 1 Common Wall
Parking Total: 1.0
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace

Property Features

Lot Size: 0.13 Acres / 5,663 Sq. Ft.
Lot Features: Back Yard
Sewer: Public Sewer
Water: Public
Electric: 220 Volts in Garage
Directions:Hwy 99 to B St to 4th St, turn left

Tax and Financial Info

Cap Rate: 0.04
Gross Income: $24,852
Gross Scheduled Income: $24,852
Net Operating Income: $20,338
Insurance Expense: $912
New Taxes Expense: $3,602
Operating Expense: $4,514
Terms: Cash, Conventional, Submit
Tenant Pays: All Utilities, Electricity, Gas, Trash Collection, Water
Total Actual Rent: $2,050

Listing Agent/Office

Agent:Robin Fox
Office:Exp Realty Of California, Inc.
Broker Phone:530-520-9600

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3123 4th St Biggs,  CA 95917
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3123 4th St Biggs, CA 95917
 
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Based on information from California Regional Multiple Listing Service, Inc. as of May 21, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.