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Nicole Van Parys & Gary Nesen

[email protected] +1(805) 795-1880

Listed by Eric Stofa • Coldwell Banker C&C Properties

$ 899,000

Est. payment -/mo

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Active

1122 W Sacramento Avenue Chico, CA 95926

2,598 SqFt

UPDATED:

11/23/2024 03:52 PM

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,598 sqft

Price per Sqft $346

MLS Listing ID SN-24237085

Style Contemporary,Modern

Year Built 2022

Lot Size 9,148 Sqft

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 2022 with modern highlights throughout, including stainless steel appliances, quartz countertops, and energy-efficient systems, this property is as stunning as it is functional. Don't miss out on this rare opportunity to own a versatile, high-demand rental property in a thriving area! Key Features: 4 units: 2 x 2-bed, 1-bath and 2 x mirrored studio floor plans. Billboard lease for additional income. Centrally located near CSU Chico, shopping, and dining. High rental demand area with solid cash flow potential. Perfect for investors or those seeking a property with multiple income streams.

Location

State CA

County Butte

Interior

Interior Features Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting

Heating Ductless

Cooling Ductless

Flooring Vinyl

Laundry Inside

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Gravel, On Site, Private

Pool None

Community Features Curbs, Gutters, Sidewalks, Street Lights, Urban

Utilities Available Sewer Connected, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected

View Y/N Yes

Building

Lot Description Back Yard

Sewer Public Sewer

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

Nicole Van Parys & Gary Nesen

1122 W Sacramento Avenue Chico, CA 95926

Key Details

Location

Interior

Exterior

Building

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1122 W Sacramento Avenue