Active Under Contract
$525,000
bedrooms
6
bathrooms
3
square feet
3,484
Acreage
0.28999081726354453
Open Houses
-
year built
1979
Full Baths
3
Half Baths
0
Welcome to your next great investment! This centrally located four-unit property offers incredible income potential and peace of mind, even with a unit vacant. Each unit is approximately 900 sq. ft, featuring 2 bedrooms and 1 bathroom, and rents for approximately $1,150 per month. With rental income that can cover your mortgage even if one unit is unoccupied, this property is a smart additional to any portfolio! Unit 1 has been recently updated with laminate wood flooring in the kitchen, fresh interior paint, plush carpet, and an updated bathroom featuring a brand-new shower/tub. The other units also feature updates throughout. Beyond rental income, this property includes an on-site laundry room with coin-operated machines, providing an additional revenue stream. On-site parking is available for all tenants, offering added convenience. This property is connected to City Sewer, features a newer roof, and has a history of long-term tenants. Centrally located with easy freeway access, close to schools, shopping and local amenities, this property is a gem that offers both convenience and profitability. Whether you're a seasoned investor or looking to begin building your portfolio, this 4-plex offers a rare opportunity in the heart of Chico! Schedule your showing today and start earning!
Location | |
Subdivision | - |
County | Butte |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: SN25015903
Listing agent:
Alisha Simpkins
#01772692
Listing broker:
Keller Williams Realty Chico Area
(530) 809-3700
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Saturday, January 25 2025 at 11:35 p.m. EST
Kotohomes National
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