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
Property Type(s):
Multi Family
|
Last Updated
|
11/22/2024
|
Year Built
|
2022
|
|
Community
|
Listing
|
County
|
Butte
|
Additional Details
| AIR |
Other |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Tankless Water Heater |
| AREA |
Listing |
| CONSTRUCTION |
Other, Stucco, Wood Siding |
| EXTERIOR |
Back Yard, Other |
| GARAGE |
Other, Private |
| HOA DUES |
0 |
| LOT |
9148 sq ft |
| LOT DESCRIPTION |
Back Yard |
| PARKING |
Other, Private |
| UTILITIES |
Sewer Connected |
Listing provided by Eric Stofa | 530-895-1545Coldwell Banker C&C Properties
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Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 11/22/24 6:31 PM PST.
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