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Jeffrey Walker

jeffrey@walkerpropertygroupca.com +1(949) 903-3731

$ 650,000

Est. payment | -/mo

8,276 Sqft Lot

Save

$ 650,000

Est. payment | -/mo

Save

8,276 Sqft Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26126309

HOA Y/N No

Year Built 1965

Lot Size 8,276 Sqft

Property Sub-Type Apartment

Property Description

Located in the heart of Chico, this well-positioned four-unit multifamily property presents an attractive investment opportunity with strong rental demand and a highly desirable unit mix. The property consists of four spacious two-bedroom, one-bathroom units, each approximately 765 square feet, offering residents comfortable living accommodations while providing investors with stable income potential. The property's prime location is a significant advantage, situated just 0.2 miles from California State University, Chico and approximately 0.8 miles from Chico High School. This strategic positioning supports consistent tenant demand from both the student population and the broader Chico rental market. This desirable location, versatile unit mix, and strong occupancy fundamentals, this property offers investors the opportunity to acquire a well-located multifamily asset in one of Northern California's most established university communities.

Location

State CA

County Butte

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Pool None

Community Features Sidewalks

Utilities Available Sewer Connected

Private Pool No

Building

Lot Description Level, Walkstreet

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 043180025000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Matt Depa Capital Rivers Commercial Inc 530-514-6288, DRE #01861484

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 903-3731

jeffrey@walkerpropertygroupca.com

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618 Rancheria DR Chico, CA 95926