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.
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.
Property Details
Price:
$899,000
MLS #:
SN24237085
Status:
Active
Baths:
0
Address:
1122 W Sacramento Avenue
Type:
Residential Income
Subtype:
Quadruplex
City:
Chico
Listed Date:
Nov 22, 2024
State:
CA
ZIP:
95926
Lot Size:
9,148 sqft / 0.21 acres (approx)
Year Built:
2022
See this Listing
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Schools
Interior
Appliances
Dishwasher, Electric Range, Gas Range, Ice Maker, Microwave, Tankless Water Heater, Water Heater, Water Line to Refrigerator
Cooling
Ductless
Flooring
Vinyl
Heating
Ductless
Interior Features
Ceiling Fan(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting
Window Features
Double Pane Windows
Exterior
Community Features
Curbs, Gutters, Sidewalks, Street Lights, Urban
Electric
Standard
Exterior Features
Lighting, Rain Gutters
Fencing
Wood
Foundation Details
Concrete Perimeter, Slab
Garage Spaces
0.00
Lot Features
Back Yard
Parking Features
Gravel, On Site, Private
Parking Spots
7.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address1122 W Sacramento Avenue Chico CA
- CityChico
- CountyButte
- Zip Code95926
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Courtesy of Coldwell Banker C&C Properties. 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 W Sacramento Avenue
Chico, CA
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