2024 Built Duplex located at the end of a cul-de-sac and resting on a spacious .50 acre lot. The duplex features 2-bedroom, 2 bathrooms units with an oversized 351 square foot 1 car garage. Each unit rents for 1,600 per month. 38,400 gross income a year. Shaker white cabinets with soft close doors and drawers. Granite countertops and undermount sinks in the kitchen and bathroom. Stainless steel appliances including a refrigerator, microwave hood, range, and a dishwasher. Washing machine and dryer are also included. The units have luxury vinyl plank flooring throughout the entire unit. Each unit has a covered front porch with a private 324 sq. ft. covered back patio. High efficiency mini split heating and air system with separate thermostats for the living room and both bedrooms. The oversized single car garage comes with a remote opener for easy access and own laundry area. The garage separates the units so there are no shared walls with your neighbor.
Fantastic 2021 built Quadplex in Paradise fully rented and producing income, seller financing available. The Quadplex features 2-bedroom, 1 bathroom units with an oversized 351 square foot 1 car garage. Each unit rents for 1,500 per month. 72,000 gross income a year. The kitchen offers cabinets with soft close doors and drawers, pantry closet, granite countertops and under mount sinks in the kitchen and bathroom. Stainless steel appliances including a refrigerator, microwave hood, range/oven and a dishwasher. Individual 1 car garages with laundry with washer and dryer included. The units have luxury vinyl plank flooring throughout the entire unit. Each unit has a dining area with a slider leading to the landscaped backyard. The backyards are fully fenced for tenants and has a concrete patio for each unit. High efficiency mini split heating and air system with separate thermostats for the living room and both bedrooms. The fully finished oversized single car garage comes with a remote opener for easy access. The garages separates the individual units so there are no shared walls with your neighbor. Water, Garbage and yard care are included in the rent. The Quadplex is located in lower Paradise for easy commute to Chico. The entire property is landscaped and fully irrigated. The property offers fully asphalt drive into the concrete driveway for each unit garages. Fantastic opportunity to own a new Quadplex with all new infrastructure for years of limited maintenance and expense!
This is a great opportunity to invest in Paradise with this Triplex that consists of 3 Separate Units that EACH consist of one bedroom and one bathroom , along with a full kitchen ,dining area ,living room and a indoor laundry area washer/dryer off the kitchen. All 3 units were completely updated after the Campfire due to smoke damage . Each unit has it's own washer/dryer ,refrigerator, microwave and gas stove. This Triplex also features a newer septic system as well as a certified/approved water filtration system. Previous owner added three separate large storage units that in the future could be included in the rental price or charged a additional fee. That is a option for the new owner .
Talk about a unique property! This DUPLEX offers an exceptional opportunity for those seeking both space for their hobbies and an income-generating asset. Nestled in a beautiful neighborhood and conveniently close to Skyway, this property boasts a fully finished 30x33 shop—a haven for any enthusiast. Whether you're a car aficionado, an artist seeking a studio space, or simply need room for your hobbies, this shop provides the perfect canvas for your passions. But the perks don't stop there! This property features two separate units, offering versatility and potential for house hacking. The first unit comprises 2 bedrooms and 1 bathroom, complete with an attached single-car garage. Meanwhile, the second unit offers 1 bedroom and 1 bathroom, also with its own garage. Imagine the possibilities: live in one unit while renting out the other, offsetting your mortgage and turning your investment into a revenue stream. It's the ultimate blend of comfort and financial savvy. With its prime location, quick access to Skyway, and easy commute to Chico, this property offers not just a home, but a lifestyle. Not to mention, it has a 5.84kw OWNED SOLAR system! Don't miss out on this rare opportunity to own a property that fulfills your dreams and investment goals. Schedule a viewing today and make this property yours before someone else does! *All income and expenses are estimated.
What a fantastic investment opportunity with additional value add development. Located in the heart of Lower Paradise, there are 10 fully rented, ADA compliant turn key 2 bedroom, 2 bathroom units on the property, the first investment step is already done! The owners have taken on most of the planning and preparation, having full architectural plans completed by Nichols, Melburg & Rossetto Architects & Engineers. With build-ready plans available and ready to submit to the town, you can generate rental income while you renovate and revitalize the main building on the property. The proposed plans consist of 43 additional units; 15 one bedroom, one bathroom units and 28 studios units. The property consists of two parcels both zoned multi-family. The main parcel with the structures, is 6.13 acres, and the neighboring parcel is an additional 2.87 acres totaling 9 acres. This property is served by a new clustered wastewater treatment system. According to zoning requirements, this facility should have the potential to be permitted at a density of 15 units per acre, offering the potential to add significantly more units! With a vision and legwork, this is your opportunity to invest in the future of Paradise!
Paradise is located in California. Paradise, California has a population of 26,437. Paradise is less family-centric than the surrounding county with 24.3% of the households containing married families with children. The county average for households married with children is 28.07%.
The median household income in Paradise, California is $48,831. The median household income for the surrounding county is $46,516 compared to the national median of $57,652. The median age of people living in Paradise is 49.2 years.
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 39.3 degrees. The average rainfall is approximately 50.4 inches per year, with 0.9 inches of snow per year.
