This is a fantastic opportunity to own seven units that are each 1384 square foot, 4 bedroom 2 bath and fully rented in a great location, close to Chico State University and just a few short steps away from grocery stores, restaurants, bus lines and other conveniences. Each unit has it’s own HVAC system, water heater, dual pane windows and a fully equipped kitchen with stove, refrigerator, dishwasher and garbage disposal and a built-in microwave in some of the units. There is the added bonus of a private laundry room in each unit with. There are three units in one building and two in each of the other buildings surrounding a central common courtyard and two lovely grassy areas with open BBQ’s and plenty of outdoor seating. In 2018 each building’s exterior was re-painted and new roofs installed (one building was re-roofed in 2017.) The interior of three of the units have been recently improved with light and bright finishes and laminate flooring. A fourth building on the property has a bathroom and was used as an office building in the past. It is currently being used for storage but you can explore other options as the new owner. Traditionally, vacancy rates have been incredibly low for this property due to it’s amazing location.
Property Details
Price:
$1,750,000
MLS #:
SN25022136
Status:
Active
Baths:
0
Address:
1119 W Sacramento Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
City:
Chico
Listed Date:
Jan 31, 2025
State:
CA
ZIP:
95926
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
1983
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Schools
Interior
Appliances
Free- Standing Range, Disposal, Microwave, Refrigerator, Water Heater
Cooling
Central Air
Fireplace Features
Kitchen
Flooring
Carpet, Laminate
Heating
Central
Window Features
Double Pane Windows
Exterior
Community Features
Suburban
Electric
Standard
Garage Spaces
0.00
Lot Features
6-10 Units/ Acre, Lawn, Level
Parking Features
Asphalt, Driveway Level
Parking Spots
17.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Courtyard, Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address1119 W Sacramento Avenue Chico CA
- CityChico
- CountyButte
- Zip Code95926
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1119 W Sacramento Avenue
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