$540,000
$569,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
SOLD DATE : 07/18/2025
Key Details
Sold Price $540,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN24238414
Sold Date 07/18/25
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
This Historic 4-Plex near Downtown Chico is available for sale! With high ceiling and large updated windows providing abundant natural light and wood floors in much of the building these charming details make this a special property. Current rents are strong, with potential for additional income by converting the upstairs storage area in to a rentable unit, making the income potential higher than existing. Each unit has a spacious layout, with 3 one-bedroom units and 1 two bedroom unit, they have updated kitchen and baths in most units. Recent improvements have been roof replaced where needed and most of the home inspection items have been dealt with This prime location offers tenants easy access to shops, restaurants, transit and entertainment. This property is prefect for generating steady rental income while owning a piece of Chico's history!
Location
State CA
County Butte
Zoning Assessor
Direction NE Corner of 8th and Orient
Interior
Heating Floor Furnace
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 004387013000
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Bought with Andrew Acevedo Thrive Real Estate Company
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REALTOR® | Lic# 02016327