Don’t miss this prime investment opportunity! This distinctive multi-unit property is brimming with potential and ready for the right investor to seize the moment. Ideally located just steps from the heart of the Avenues and in close proximity to Enloe Medical Center, this all-original five-unit gem offers a rare blend of location, charm, and flexibility. With five units thoughtfully distributed across three separate buildings, this property is perfect for a variety of rental strategies. A spacious, shared courtyard serves as a welcoming communal area—ideal for relaxing, gathering, and enjoying the outdoors. Some of the units includes its own in-unit laundry, a convenience that adds major value for tenants and enhances rental appeal. Positioned in a sought-after neighborhood known for steady rental demand, this property promises both immediate income and long-term growth potential. Whether you''re looking to update and modernize or maintain its original character, the opportunities here are limitless. Secure your next smart investment today and watch your portfolio thrive!
Property Details
Price:
$599,000
MLS #:
SN25106299
Status:
Active
Baths:
0
Address:
1825 Magnolia Avenue
Type:
Residential Income
Subtype:
Apartment
City:
Chico
Listed Date:
May 13, 2025
State:
CA
ZIP:
95926
Lot Size:
9,148 sqft / 0.21 acres (approx)
Year Built:
1960
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
Back Yard
Parking Features
Off Street
Parking Spots
0.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
2
View
Neighborhood
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address1825 Magnolia Avenue Chico CA
- CityChico
- CountyButte
- Zip Code95926
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1825 Magnolia Avenue
Chico, CA
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