1006 Salem Street

Chico, CA 95928

$400,000
Last Sold Price
4
Beds
3
Baths
2,124 Sq. Ft.
$188 / Sq. Ft.
2,124
Sq. Ft.
$188
per Sq. Ft.

Description

Welcome to this unique triplex located in the sought-after Barber District, offering a fantastic opportunity for investors or those with a vision. This property features three distinct units, each with its own charm and potential. There are two 1-bedroom, 1-bath units, each with its own kitchen and built-in features, providing a cozy and functional living space. Downstairs, there is a spacious 2-bedroom, 1-bath unit, complete with a kitchen and an extra storage room. Ideal for families or those needing...Welcome to this unique triplex located in the sought-after Barber District, offering a fantastic opportunity for investors or those with a vision. This property features three distinct units, each with its own charm and potential. There are two 1-bedroom, 1-bath units, each with its own kitchen and built-in features, providing a cozy and functional living space. Downstairs, there is a spacious 2-bedroom, 1-bath unit, complete with a kitchen and an extra storage room. Ideal for families or those needing extra space. The property includes a backyard area with additional storage and alley access. This triplex is a contractor's special and will need some TLC to bring out its full potential. Whether you're looking to renovate and update or invest in a property with character, this triplex offers a prime location and plenty of possibilities. Don’t miss the chance to make this gem in the Barber District your own!
  1. Listed by Heather Cooper • DRE #01843577 • Brokerage DRE #02131093 • Willow & Birch Realty, Inc • 530-521-2606

Property Details for 1006 Salem Street

View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2124
LISTING UPDATED: 11/14/2024 09:21 AM

Property Details for 1006 Salem Street

StatusClosed
MLS #SN24165289
Days on Compass41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1909
Lot Size0.13 AC / 5,663 SF
CountyButte County

Building Information for 1006 Salem Street

Stories2Residences-Year Built1909Building Size-Lot Size0.13 AC / 5,663 SF

Property Information for 1006 Salem Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $23,678
  • Gross Scheduled Income: $27,012
  • Net Operating Income: $23,678
  • Financing: Owner Carried
Expense Details
  • Operating Expense: $3,334
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $3,334
Tax / Assessment Info
  • Tax Block: 8
  • Tax Census Tract: 12.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Water Heater
  • Equipment: None
  • Interior Features: Built-in Features
  • Room Type: Kitchen, Living Room
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Other
  • Heating: See Remarks
  • Heat Equipment: Other/Remarks
Exterior Features
  • Entry Location: 2
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: On street
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $801
  • Unit Type Total Rent: $801
  • Unit Type Pro Forma: 801
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $725
  • Unit Type Total Rent: $725
  • Unit Type Pro Forma: 725
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $725
  • Unit Type Total Rent: $725
  • Unit Type Pro Forma: 725
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Property History for 1006 Salem Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1006 Salem Street

Taxable ValueLand$13,152Additions$43,722Total$56,874
Tax Record2024$669 ($56 / month)
Home Facts
Baths3Total Finished SqFt2,124 SqFtAbove Grade Finished SqFt2,124 SqFtLot Size5,662 SqFtStyleTriplexYear Built1909ZoningR3CountyBUTTEAPN005-096-002-000

Schools near 1006 Salem Street

This home is within Chico Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Chapman Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Chico Country Day School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Willow & Birch Realty, Inc, Heather Cooper, DRE #01843577

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.