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$1,049,000
Est. payment /mo
10 Beds
4 Baths
0.3 Acres Lot
UPDATED:
10/22/2024 12:33 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN24217204
Bedrooms 10
HOA Y/N No
Lot Size 0.300 Acres
Property Description
Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the propertys strong rental history, makes it a wise investment with immediate income potential. Key Features: 4 units with functional layouts Prime location near Chico State, shopping, and dining Strong rental history with excellent income potential Off-street parking and shared outdoor spaces Ideal for investors seeking stable, long-term returns Potential to add an additional unit at the rear of the property (utilities already trenched) Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms New mini split air conditioning (3 years old) in each unit Washer and dryer in all units except unit 2 Whether you're looking for a proper
Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the propertys strong rental history, makes it a wise investment with immediate income potential. Key Features: 4 units with functional layouts Prime location near Chico State, shopping, and dining Strong rental history with excellent income potential Off-street parking and shared outdoor spaces Ideal for investors seeking stable, long-term returns Potential to add an additional unit at the rear of the property (utilities already trenched) Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms New mini split air conditioning (3 years old) in each unit Washer and dryer in all units except unit 2 Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender. Please do not disturb tenants. No showings without an accepted offer.
Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the propertys strong rental history, makes it a wise investment with immediate income potential. Key Features: 4 units with functional layouts Prime location near Chico State, shopping, and dining Strong rental history with excellent income potential Off-street parking and shared outdoor spaces Ideal for investors seeking stable, long-term returns Potential to add an additional unit at the rear of the property (utilities already trenched) Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms New mini split air conditioning (3 years old) in each unit Washer and dryer in all units except unit 2 Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender. Please do not disturb tenants. No showings without an accepted offer.
Location
State CA
County Butte
Area Chico (95926)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 1
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $1,695
Listing Terms Cash, Conventional
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Listed by Michael Lee • Ryno Company
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