This investment opportunity in Chico presents a prime location near Chico State University, Enloe Hospital, Downtown Chico, and various shopping centers, making it highly desirable for renters. The property features five-units with a charming single-family residence at the front and a four-unit apartment building towards the back. The front home features three bedrooms and two bathrooms, with a beautifully updated interior that includes granite countertops, white cabinets, stainless steel appliances, and durable LVP flooring throughout. The living room is cozy with a fireplace, and there’s a private washer and dryer for convenience. The four-unit apartment building, located down the walkway, features spacious three-bedroom, one-bathroom units. Each apartment offers a private balcony or patio, providing outdoor space for tenants. The units also feature roomy living areas, fully equipped kitchens, and a quaint dining nook. An on-site laundry room adds to the convenience for residents. This property’s location ensures high demand, particularly from students attending Chico State and healthcare professionals working at Enloe Hospital. With its proximity to downtown and shopping centers, tenants will enjoy easy access to dining, entertainment, and retail options.
Property Details
Price:
$1,150,000
MLS #:
SN24101772
Status:
Active
Baths:
0
Address:
1152 Magnolia Avenue
Type:
Residential Income
Subtype:
Single Family Residence
City:
Chico
Listed Date:
May 20, 2024
State:
CA
ZIP:
95926
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
1978
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Schools
Interior
Cooling
Central Air, Wall/ Window Unit(s)
Fireplace Features
Living Room
Flooring
Laminate, Vinyl
Heating
Central, Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Community Features
Curbs, Sidewalks
Garage Spaces
0.00
Lot Features
Front Yard, Landscaped
Parking Features
Off Street, On Site
Parking Spots
0.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1152 Magnolia Avenue Chico CA
- CityChico
- CountyButte
- Zip Code95926
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Courtesy of Parkway Real Estate Co.. 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.
1152 Magnolia Avenue
Chico, CA
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