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$ 1,100,000
Est. payment /mo
Price Dropped by $125K
811 W 2nd Chico, CA 95926
16 Beds
8 Baths
0.51 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 SN25278121
Bedrooms 16
Lot Size 0.510 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
811 West 2nd Avenue is a seven-unit apartment complex ideally located in the heart of Chico, just two blocks from Chico State University and close to Safeway, restaurants, shopping, public transportation, and downtown. The property features six two-story, four-bedroom, two-bathroom units and one studio unit. There is also an additional studio unit that is currently unpermitted and is not included in the stated unit count. Off-street parking and the propertys central location add to its overall rental appeal. Several units have received recent updates, with additional opportunities for future improvements and rent growth. With its desirable unit mix, strong rental history, and excellent location near Chico State, this property offers a compelling investment opportunity in one of Chicos most consistently active rental areas.
Location
State CA
County Butte
Zoning Public Rec
Direction Take North Cedar to W 2nd Ave. Property is down a driveway on the right.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 043162019000
Acceptable Financing Exchange
Listing Terms Exchange
Listed by Rick Sufuentes, DRE#01486988 Parkway Real Estate Co.