2151 sqft | 0.23 acres | #224129116
Description
We are pleased to present a 100% renovated 6-unit apartment community nestled East of Downtown Chico, CA. The community features Five One Bedroom / One Bathroom and One detached Two Bedroom / One Bathroom units. Current ownership completed renovations of all 6 units in 2024. Typical renovations include LVP flooring, new appliances, and refinished bathrooms. The property also went under extensive exterior renovation with new paint, new windows, newer roof, and minimal landscape design. The offering represents an opportunity to purchase a fully renovated, stable, and easy management income property located in the highly sought after Chico market. Chico State (Roughly 14,000 students) is located just 1.2 miles from the subject property and is a main economic driver for the City along with healthcare and surrounding agriculture employment that keeps the local economy strong. Main Street in Downtown is a short 10-minute walk from the property and close to all the amenities that Chico has to offer.
Property Details
- Lot DescriptionSidewalk, Landscape Front
- Property Subtype5 or More Units
- Parking FeaturesOpen, Street
- Cooling FeaturesWall Unit(s)
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- ZoningResidential
- Exterior FeaturesYard Space
- MLS #224129116
- MLS #224129116
- RoofShingle
- FoundationRaised
- Utility SourcePublic
- Cost915000
- CountyButte
- Acres0.23
- Square Feet2151
- Year Built1885
- Utility FeaturesCity
- Stories2
- Parking Spaces6
Location
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Last Updated: . Source: METROLISTMLS
Listing Courtesy
Listing Agent: David M DeLoney (#SDELDAVI)
Listing Office: Marcus & Millichap Real Estate (#01MAMI)
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