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Listed by Eric Stofa • Parkway Real Estate Co.
$ 869,000
Est. payment /mo
Price Dropped by $20K
1122 W Sacramento AVE Chico, CA 95926
9,148 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSN24237085
Style Contemporary
Year Built 2022
Lot Size 9,148 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Income-Producing 4-Unit Property Near CSU Chico Located in a prime, centrally situated neighborhood just minutes from CSU Chico, this fully leased, income-generating property offers a fantastic investment opportunity. The property consists of four well-maintained units, plus billboard income, including: Two Identical 2-Bedroom, 1-Bath Units: Built in 2022, these spacious, modern units feature open-concept living areas, sleek finishes, and contemporary design elements. Perfect for tenants seeking comfort and convenience, each unit offers two bedrooms, one bathroom, dishwasher, stacked laundry, covered front/rear patios and plenty of storage space. The Duplex, with Mirrored Studio Floor Plans: Full gut and remodeled in 2022. This charming duplex offers two studio units with identical layouts, each designed for efficiency and style. Ideal for students, professionals, or short-term rentals, these units feature modern amenities and easy-to-maintain living spaces. Billboard Lease Income: An additional source of revenue is provided by the on-site billboard lease, adding even more potential for passive income. With its desirable location near CSU Chico, shopping, and grocery stores, this property offers both a steady cash flow and long-term investment potential. Built in
Location
State CA
County Butte
Rooms
Kitchen Ice Maker, Dishwasher, Microwave, Oven Range - Electric, Oven Range - Gas
Interior
Laundry Other
Exterior
Parking Features Private / Exclusive, Common Parking Area, Other
Garage Spaces 7.0
Pool 31, None
View Local/Neighborhood
Roof Type Composition
Building
Story One Story
Foundation Concrete Perimeter, Concrete Slab
Water Other, Hot Water, District - Public
Architectural Style Contemporary
Others
Tax ID 043290137000
Special Listing Condition Not Applicable
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