$1,150,000
For Sale

1152 Magnolia Avenue

Chico, CA 95926
0.23 acres | #SN24101772
Listing OfficeParkway Real Estate Co.
Browse 60 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

This investment opportunity in Chico presents a prime location near Chico State University, Enloe Hospital, Downtown Chico, and various shopping centers, making it highly desirable for renters. The property features five-units with a charming single-family residence at the front and a four-unit apartment building towards the back. The front home features three bedrooms and two bathrooms, with a beautifully updated interior that includes granite countertops, white cabinets, stainless steel appliances, and durable LVP flooring throughout. The living room is cozy with a fireplace, and there's a private washer and dryer for convenience. The four-unit apartment building, located down the walkway, features spacious three-bedroom, one-bathroom units. Each apartment offers a private balcony or patio, providing outdoor space for tenants. The units also feature roomy living areas, fully equipped kitchens, and a quaint dining nook. An on-site laundry room adds to the convenience for residents. This property's location ensures high demand, particularly from students attending Chico State and healthcare professionals working at Enloe Hospital. With its proximity to downtown and shopping centers, tenants will enjoy easy access to dining, entertainment, and retail options.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • Lot DescriptionFrontYard, Landscaped
      • ViewNeighborhood
      • Property TypeMulti-Family
      • InteriorCeilingFans
      • Sewer InformationPublicSewer
      • Original List Price$1,150,000
      • MLS #SN24101772
      • MLS #SN24101772
      • Cost1150000
      • Utility SourcePublic
      • CountyButte
      • Acres0.23
      • Year Built1978
      • Stories2

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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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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annually
$
monthly

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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