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$1,049,000
Est. payment /mo
10 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN24217204
Bedrooms 10
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the propertys strong rental history, makes it a wise investment with immediate income potential. Key Features: 4 units with functional layouts Prime location near Chico State, shopping, and dining Strong rental history with excellent income potential Off-street parking and shared outdoor spaces Ideal for investors seeking stable, long-term returns Potential to add an additional unit at the rear of the property (utilities already trenched) Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms New mini split air conditioning (3 years old) in each unit Washer and dryer in all units except unit 2 Whether you're looking for a proper
Location
State CA
County Butte
Zoning Public Rec
Direction From Hwy 32, turn left on Stewart, property is on the right.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 043241016000
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Listed by Michael Lee Ryno Company
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