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Listed by Eric Stofa • Parkway Real Estate Co.
$869,000
Est. payment /mo
2,598 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,598 sqft
Price per Sqft $334
MLS Listing ID CRSN24237085
HOA Y/N No
Year Built 2022
Lot Size 9,148 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
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
Location
State CA
County Butte
Interior
Cooling Other
Flooring Vinyl
Fireplace No
Appliance Tankless Water Heater
Laundry Inside
Exterior
View Other
Building
Lot Description Back Yard
Water Public
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