1122 W Sacramento Avenue, Chico, CA 95926

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4 Beds

n/a Full bath

2,598 SqFt

Active

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.

Property Details
Price $899,000
Bedrooms 4
Property Style Contemporary,Modern
Lot Size Area 9148
Lot Size Area Units Square Feet
Acres 0.21
Property Type MultiFamily
Sub type Quadruplex
MLS Sub type Quadruplex
Stories 1
Features Ceiling Fan(s),High Ceilings,Open Floorplan,Quartz Counters,Recessed Lighting
Exterior Features Lighting,Rain Gutters,Curbs,Gutters,Sidewalks,Street Lights,Urban
Year Built 2022
View Neighborhood
Roof Composition
Heating Ductless
Foundation Concrete Perimeter,Slab
Lot Description Back Yard
Laundry Features Inside
Pool features None
Parking Description Gravel,On Site,Private
Parking Spaces 7
Garage spaces 0
Association Fee 0
Geographic Data
Directions Nord Avenue to W Sacramento Ave
County Butte
Latitude 39.731238
Longitude -121.861153
Address Information
Address 1122 W Sacramento Avenue, Chico, CA 95926
Postal Code 95926
City Chico
State CA
Country United States
Listing Information
Listing Office Coldwell Banker C&C Properties
Listing Agent Eric Stofa
Listing Agent Phone 530-228-9203
Attribution Contact 530-228-9203
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
MLS Information
Days on market 0
MLS Status Active
Listing Date Nov 22, 2024
Listing Last Modified Nov 22, 2024
Tax ID 043290137000
MLS # SN24237085

This information is believed to be accurate, but without any warranty.

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