1122 W Sacramento Avenue Chico, CA 95926
Listing Courtesy of: CRMLS / Coldwell Banker C&C Properties / Eric Stofa - Contact:  530-228-9203

  1122 W Sacramento Avenue Chico, CA 95926

Active (31 Days)
$899,000

Description

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 highlights throughout, including stainless steel appliances, quartz countertops, and energy-efficient systems, this property is as stunning as it is functional. Don't miss out on this rare opportunity to own a versatile, high-demand rental property in a thriving area!



Key Features:



4 units: 2 x 2-bed, 1-bath and 2 x mirrored studio floor plans.

Billboard lease for additional income.

Centrally located near CSU Chico, shopping, and dining.

High rental demand area with solid cash flow potential.

Perfect for investors or those seeking a property with multiple income streams.

MLS #:
SN24237085
Lot Size
9,148 SQFT
Type
Multifamily
Year Built
2022
Style
Modern, Contemporary
Views
Neighborhood
County
Butte County

Listed By

Eric Stofa, Coldwell Banker C&C Properties, Contact: 530-228-9203
Source
CRMLS
Last checked Dec 23 2024 at 7:48 PM GMT+0000
Bathroom Details
Interior Features
  • Windows: Double Pane Windows
  • Water to Refrigerator
  • Water Heater
  • Tankless Water Heater
  • Microwave
  • Ice Maker
  • Gas Range
  • Electric Range
  • Dishwasher
  • Laundry: Inside
  • Recessed Lighting
  • Quartz Counters
  • Open Floorplan
  • High Ceilings
  • Ceiling Fan(s)
Lot Information
  • Back Yard
Property Features
  • Foundation: Slab
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Ductless
Flooring
  • Vinyl
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected, Cable Connected
  • Sewer: Public Sewer
Parking
  • Private
  • On Site
  • Gravel
Stories
  • 1
Additional Information: C&C Properties | 530-228-9203
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.