$580,000
$525,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3,484 SqFt
SOLD DATE : 02/18/2025
Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,484 sqft
Price per Sqft $166
MLS Listing ID CRSN25015903
Sold Date 02/18/25
Bedrooms 6
HOA Y/N No
Year Built 1979
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Quadruplex
Property Description
Welcome to your next great investment! This centrally located four-unit property offers incredible income potential and peace of mind, even with a unit vacant. Each unit is approximately 900 sq. ft, featuring 2 bedrooms and 1 bathroom, and rents for approximately $1,150 per month. With rental income that can cover your mortgage even if one unit is unoccupied, this property is a smart additional to any portfolio! Unit 1 has been recently updated with laminate wood flooring in the kitchen, fresh interior paint, plush carpet, and an updated bathroom featuring a brand-new shower/tub. The other units also feature updates throughout. Beyond rental income, this property includes an on-site laundry room with coin-operated machines, providing an additional revenue stream. On-site parking is available for all tenants, offering added convenience. This property is connected to City Sewer, features a newer roof, and has a history of long-term tenants. Centrally located with easy freeway access, close to schools, shopping and local amenities, this property is a gem that offers both convenience and profitability. Whether you're a seasoned investor or looking to begin building your portfolio, this 4-plex offers a rare opportunity in the heart of Chico! Schedule your showing today and start earni
Location
State CA
County Butte
Zoning C2
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Laminate
Fireplace No
Laundry Community Facility, Laundry Room, Other, Washer
Exterior
Exterior Feature Other
Utilities Available Sewer Connected
View Y/N true
View Other
Total Parking Spaces 8
Building
Lot Description Other
New Construction No
Others
Tax ID 006290009000
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with BrandiLaffins