Chico, CA 95926,1122 W Sacramento AVE
Chico, CA 95926,1122 W Sacramento AVE
Chico, CA 95926,1122 W Sacramento AVE
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$899,000
Est. payment /mo
9,148 Sqft Lot
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UPDATED:

11/23/2024 01:38 PM

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 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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MLS Listing IDX PLUS
Listed by Eric Stofa • Coldwell Banker C&C Properties

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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