$1,680,000
$1,799,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
0.44 Acres Lot
SOLD DATE : 03/08/2024
Key Details
Sold Price $1,680,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN23213806
Sold Date 03/08/24
HOA Y/N No
Year Built 1910
Lot Size 0.440 Acres
Property Description
This is a once in a life time opportunity to acquire a unique portfolio of properties located less than 2 blocks from the heart of Chico State University and downtown Chico. This standout investment opportunity features four single-family homes, encompassing a total of six units across four parcels, and is an ideal choice for those looking to diversify their investment portfolio in the real estate sector. These four Victorian homes have housed students for many years. Properties include a large private parking lot as an extra bonus. Built to last, these homes include beautiful hardwood floors, intricate woodworking details, and timeless character. Upgrades have been made over the years to all of the homes. Two of the houses had basement conversions to create bedrooms and two homes have large unfinished basements for extra storage. There may be additional room for another ADU behind one of the homes (buyer to verify). The location in this sought-after neighborhood drives strong rental demand, thanks to its close proximity to essential amenities, schools, and transportation. This investment is perfectly suited for both seasoned and first-time investors, offering a unique blend of the stability and growth potential inherent in real estate, making it a valuable and sustainable addition to any investment portfolio.
Location
State CA
County Butte
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Curbs, Gutter(s)
Private Pool No
Building
Lot Description Near Public Transit, Paved
Story 3
Entry Level One,Two,Three Or More,Multi/Split
Sewer Public Sewer
Water Public
Level or Stories One, Two, Three Or More, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 004124009000
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Tommy Crudo • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States