Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2022
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Ductless
Exterior
-
Garage
No
-
Construction Materials
Stucco, Wood Siding
-
Other Exterior Features
Lighting, Rain Gutters
-
Parking
Gravel, On Site, Private
-
Pool
Yes
-
Pool Features
None
-
View
Neighborhood
Area & Lot
-
Lot Features
Back Yard
-
Lot Size(acres)
0.21
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Contemporary, Modern
Price
-
Sales Price
$869,000
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Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Concrete Perimeter, Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Butte
Elementary School
Middle School
High School
Listing Courtesy of Eric Stofa , Parkway Real Estate Co.
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