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$889,000
Est. payment /mo
Price Dropped by $10K
1122 W Sacramento AVE Chico, CA 95926
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSN24237085
Style Contemporary
Originating Board California Regional MLS
Year Built 2022
Lot Size 9,148 Sqft
Property Sub-Type Fourplex
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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Listed by Eric Stofa • Coldwell Banker C&C Properties