Downtown Triplex with a Path to Five (Quadplex: 2 units + 2 non-conforming basement units + 1 single Family Home) Three blocks from Chico State, Enloe Hospital, and the Avenues. This two-building, one-lot property offers a rare combination of immediate income and significant upside. The rear property (133) features a… Read More detached 3BD/2BA house with a one-car garage currently operating as a part-time AirBnB rental generating approximately $2,500/month with significant upside if operated full time. This home was fully remodeled with luxury amenities such as quartz countertops, stainless steel appliances, and high end luxury vinyl plank flooring. The front building delivers a remodeled 3BD/1BA and a 1BD/1BA, both tenanted and performing.
Two additional basement units are present and occupied, each recently updated with new tile flooring, walk-in showers, and fresh paint. One basement unit is a 2/1 with mini split, washer/dryer, and quartz countertops. The second basement unit is a 1/1 that can rent connected to the top 1/1 to qualify this property for traditional residential financing. A clear path exists to bring all units into City of Chico conformance through targeted egress improvements converting this three unit into a five-unit asset. Read Less
Property listed by Keller Williams Realty Chico Area, Matthew Herman 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.14 Acres
Year Built
1963
MLS Number
SN26059148
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1963, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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