Property Details
About this Property
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
MLS Listing Information
MLS #
CRSN24237085
MLS Source
California Regional MLS
Days on Site
1
Interior Features
Appliances
Dishwasher, Ice Maker, Microwave, Other, Oven Range - Electric, Oven Range - Gas
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter, Slab
Pool
None
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Other, Private / Exclusive, Garage: 0 Car(s)
Water
Other
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 749 | – | 0/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1122 W Sacramento Ave is a Residential Income in Chico, CA 95926. This – square foot property sits on a 9,148 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $899,000 and was built in 2022. This address can also be written as 1122 W Sacramento Ave, Chico, CA 95926.
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This listing information is up-to-date as of November 22, 2024. For the most current information, please contact Eric Stofa, (530) 895-1545
