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$1,590,000
Est. payment /mo
6 Beds
4 Baths
0.54 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN26212858
Bedrooms 6
Lot Size 0.540 Acres
Lot Dimensions 23522
Property Sub-Type Res Income 2-4 Units
Property Description
Prime 8-unit multi-family property located within walking distance of the Chico State campus, dining, and retail. Built in 2007, this well-maintained asset consists of eight 3-bedroom, 2-bathroom townhomes. Each unit features a spacious open-concept living and kitchen area, an attached 1-car garage, and in-unit washer/dryer hookups. Owner-operated since construction, the property reflects true pride of ownership with a pristine exterior, well-conditioned interiors, and manicured landscaping. Boasting a low historical vacancy rate, this turnkey asset delivers a strong 7.4% cash-on-cash return even with below-market rents.
Location
State CA
County Butte
Zoning Assessor
Direction Hwy 32 to West Sacramento Ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 043280011000
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Listed by Mike McCrady, DRE#01234296 Michael McCrady, Broker
Nearby Locations
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