Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1914
Sq.Footage
N/A
544 W 3rd Street, Chico, CA offers a fully-leased multi-tenant investment opportunity one block from California State University, Chico. Known as the “Stumble House,” this property spans three levels including a finished basement with separate entrance. It features original Douglas fir flooring, built-in elements, and vintage charm. Part of the Language Houses group, the building has a stable rental history with consistent annual increases and early pre-leasing. Amenities include in-unit washer and dryer and off-street parking. The asset operates at a 5.5% cap rate with solid cash flow and can be purchased with 536 W 3rd St.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Features
Corner Lot, Landscaped, Level
-
Lot Size(acres)
0.13
-
Property Type
Residential Income
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$1,132,800
-
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
3
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Butte
Elementary School
Middle School
High School
Listing Courtesy of Carrie Welch , Capital Rivers Commercial Inc
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