1362 Esplanade Chico, CA 95926

$1,100,000 Active

About the Property

Opportunity waiting for you? Take a look at this great home, with 6 bedrooms and 6.5 bathrooms. Close to CSUC and Enloe Hospital. The home was built in 1906 and is on the Chico historic registry as colonial revival architecture. From a home to Law Offices, to the B&B Inn it is today, the home has been cared for, the last restoration in 2003 and 2005 the work was extensive including but not limited to electric, roof and plumbing. The home offers a modern kitchen with stainless steel appliances, quartz counters and finished wood cabinets. The grounds are land scaped with sitting areas, gardens. The carport located off the kitchen, and off-street parking allows room for up to 7 cars. A full basement with some finished rooms gives you room for storage and a recreation room. workshop and more. Some of the best perks are Solar power to ease the energy bills on this spacious home. A large lot with shady patios for hosting that special get together. Prime location for a variety of uses, and the home is an operational B&B Inn and if you would want to work the business you can generate a good income and tax benefits from your home. Buyer has the option to purchase partially furnished.

Property Information

Size 2,974 SqFt
Price/SqFt $370
Lot Size 0.268 Acres
Year Built 1906
Property Type Residential Income
Zoning RP
Listing Number SN22222955
Listed 10/15/2022
Modified 11/21/2022
Listing Agent John Wallace
Listing Office Century 21 Select Real Estate, Inc.
Total Building 1
Total Units 6

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Accessibility Features
  • Parking
Cap Rate
  • 9.30
Cooling
  • Central Air
Exterior
  • Rain Gutters
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 102300.00
Gross Scheduled Income
  • 125000.00
Levels
  • Three Or More
Net Operating Income
  • 102300.00
Operating Expense
  • 22700.00
Parking Total
  • 7.00
Pool
  • None
Price Pe rUnit
  • 183333
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 3
Style
  • Craftsman
Total Expenses
  • 21900.00
Uncovered Spaces
  • 7.00
Views
  • Neighborhood
Water Source
  • Public
Construction Materials
  • Frame
  • Plaster
Flooring
  • Carpet
  • Wood
Heating
  • Central
  • Natural Gas
Utilities
  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Water Connected
Community Features
  • Biking
  • Curbs
  • Gutters
  • Park
  • Sidewalks
  • Storm Drains
  • Street Lights
  • Urban
Appliances
  • Dishwasher
  • Free-Standing Range
  • Disposal
  • Gas Oven
  • Gas Range
  • Gas Water Heater
  • Microwave
  • Refrigerator
  • Water Heater Central
Interior
  • 2 Staircases
  • Beamed Ceilings
  • Built-in Features
  • Ceiling Fan(s)
  • Furnished
  • Pantry
  • Quartz Counters
  • Storage
  • Wood Product Walls