Chico, CA 95973,2915 Godman
Chico, CA 95973,2915 Godman
Chico, CA 95973,2915 Godman
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$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

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

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 19
  • 8

    Chico Country Day

    Public | KG - 8

  • 7

    Shasta Elementary School

    Public | KG - 6

  • 6

    Core Butte Charter

    Public | KG - 12

  • 6

    Wildflower Open Classroom

    Public | KG - 8

  • 6

    Hooker Oak Elementary School

    Public | KG - 8

  • 6

    Sherwood Montessori

    Public | KG - 8

  • 5

    Emma Wilson Elementary School

    Public | KG - 6

  • 5

    Rosedale Elementary School

    Public | KG - 6

  • 5

    Neal Dow Elementary School

    Public | KG - 6

  • 5

    Marigold Elementary School

    Public | KG - 6

  • 4

    Blue Oak Charter

    Public | KG - 8

  • 3

    McManus (John A.) Elementary School

    Public | KG - 6

  • 2

    Citrus Avenue Elementary School

    Public | KG - 6

  • 1

    Oakdale

    Public | KG - 12

  • 1

    Chapman Elementary School

    Public | KG - 6

  • 0

    Pleasant Valley Baptist School

    Private | KG - 12

  • 0

    Notre Dame School

    Private | KG - 8

  • 0

    Rose Scott Learning Community

    Private | KG - 10

  • 0

    Loma Vista

    Public | KG - 12

Middle Schools 4
  • 6

    Bidwell Junior High School

    Public | 7 - 8

  • 5

    Chico Junior High School

    Public | 7 - 8

  • 1

    Center for Alternative Learning

    Public | 6 - 12

  • 0

    Academy for Change

    Public | 7 - 12

High Schools 5
  • 9

    Inspire School of Arts and Sciences

    Public | 9 - 12

  • 9

    Pleasant Valley High School

    Public | 9 - 12

  • 7

    Chico High School

    Public | 9 - 12

  • 0

    Fair View High (Continuation)

    Public | 9 - 12

  • 0

    Champion Christian School

    Private | 9 - 12

School and business data provided by Attom Data.

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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