2915 Godman Avenue

Chico, CA 95973
$650,000
0.69 acres | #SN24126772
Courtesy of Century 21 Select Real Estate, Inc.

Description

AMAZING OPPORTUNITY! FIRE SALE! For over 40 years this compound of homes was lovingly owned, operated and named "Godman Arbor Commons." This multi-unit property is a true fixer upper in a central prime location, PLUS, there is added potential to add more units on this 2/3 acre, 30,000+ sqft, R3 zoned city lot. Sewer lateral is on the property...and a well that is refurbished and “grandfathered in” Property was operated as an Air BnB. 3 houses with three separate addresses on one APN Number. Mixed use neighborhood with 2 story units. The main 2500 sqft house had a significant interior fire in July 2023. It was a “Eichler Style” custom built home, all framed with Redwood in 1965. Was designed with a massive used brick fireplace, floor to ceiling, that featured a BBQ in the kitchen. The attached 650 sq ft studio unit has some roof fire damage as well. The studio is non conforming, has full kitchen and bathroom with travertine tile. The front 3 bd house (not damaged by the fire) is 1140 sqft. Roof was patched but a section of dry wall was removed from the living room ceiling. The 1000 sq ft 2 bd home in the rear of the lot is partially remodeled but needs the kitchen completed.This property is on a working well and has 3 approved septic systems. THIS IS A MUST SEE FIXER UPPER PROPERTY!
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  • Interior Details
    • Interior Features
      • Interior:BeamedCeilings, CeilingFans, CathedralCeilings, HighCeilings, LaminateCounters, OpenFloorplan, Storage, TileCounters, AllBedroomsDown, At
  • Property Details
    • Property
      • View:Courtyard, Neighborhood
      • Stories:1
      • Lot description:Item610UnitsAcre, BackYard, CornerLot, FrontYard, NearPark, NearPublicTransit, Paved, RectangularLot, StreetLevel, Trees, ValueInLand, Walk
      • Exterior materials:Awnings
    • Measurements
      • Acres:0.69
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1950
    • Material information
      • Foundation:Combination, Raised, Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:SepticTank
      • Utility source:Well
      • Utility features:CableAvailable, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, PhoneConnected, PhoneNotAvailabl
  • Community and Neighborhood Details
    • Location
      • County:Butte
  • Financial Details
    • Pricing Details
      • Original List Price:$650, 000
  • Other
    • Source
      • MLS #:SN24126772

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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