Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico!
Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio.
All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage.
Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining.
Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the property’s strong rental history, makes it a wise investment with immediate income potential.
Key Features:
• 4 units with functional layouts
• Prime location near Chico State, shopping, and dining
• Strong rental history with excellent income potential
• Off-street parking and shared outdoor spaces
• Ideal for investors seeking stable, long-term returns
• Potential to add an additional unit at the rear of the property (utilities already trenched)
• Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms
• New mini split air conditioning (3 years old) in each unit
• Washer and dryer in all units except unit 2
Whether you''re looking for a property with reliable rental income
or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice.
Mortgage may be transferable at discretion of lender.
Please do not disturb tenants. No showings without an accepted offer.
Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio.
All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage.
Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining.
Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the property’s strong rental history, makes it a wise investment with immediate income potential.
Key Features:
• 4 units with functional layouts
• Prime location near Chico State, shopping, and dining
• Strong rental history with excellent income potential
• Off-street parking and shared outdoor spaces
• Ideal for investors seeking stable, long-term returns
• Potential to add an additional unit at the rear of the property (utilities already trenched)
• Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms
• New mini split air conditioning (3 years old) in each unit
• Washer and dryer in all units except unit 2
Whether you''re looking for a property with reliable rental income
or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice.
Mortgage may be transferable at discretion of lender.
Please do not disturb tenants. No showings without an accepted offer.
Property Details
Price:
$1,049,000
MLS #:
SN24217204
Status:
Active
Baths:
0
Address:
1122 Stewart Avenue
Type:
Residential Income
Subtype:
Quadruplex
City:
Chico
Listed Date:
Oct 17, 2024
State:
CA
ZIP:
95926
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1908
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Schools
Interior
Appliances
Built- In Range, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater
Cooling
Ductless
Fireplace Features
None
Flooring
Laminate
Heating
Ductless
Interior Features
Ceiling Fan(s), Open Floorplan
Exterior
Community Features
Biking, Sidewalks, Street Lights, Urban
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre, Level with Street, Rectangular Lot, Near Public Transit, Paved
Parking Features
Gravel, Paved, Off Street
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1122 Stewart Avenue Chico CA
- CityChico
- CountyButte
- Zip Code95926
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Courtesy of Ryno Company. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1122 Stewart Avenue
Chico, CA
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