1029 Salem Street, Chico, CA 95928
- $550,000
- List Price
- $550,000
- Status
- ACTIVE
- MLS#
- SN25136312
- Year Built
- 1930
- Lot Size
- 7,841
- Acres
- 0.18
- Lot Location
- Back Yard, Front Yard, Trees, Walkstreet
- Days on Market
- 450
- Property Type
- Multifamily
- Style
- Craftsman
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Charming Quadruplex Investment Opportunity in Downtown Chico! This unique and character-filled property offers four 1-bedroom, 1-bathroom units—each with its own distinct charm. Two units are located on the lower level, and two more are upstairs, accessible via a wide staircase that leads to a welcoming porch area perfect for relaxing. Inside the units feature high ceilings, wood-paneled doors, wainscoting, freestanding tubs, and beautifully cased wood windows. The kitchens and living areas are surprisingly spacious, making these units highly desirable. Two of the units have been updated with efficient mini-split systems for modern comfort. Additional highlights include plenty of off-street parking, a detached structure at the back that provides storage space and a laundry setup for Unit #3. Situated near Downtown Chico, Chico State, Enloe Hospital, and Bidwell Park—this is an incredible investment opportunity with prime location appeal!
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Additional Information
- Other Buildings
- Outbuilding
- Appliances
- Gas Oven, Gas Range, Refrigerator
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Ductless, Wall/Window Unit(s)
- View
- Neighborhood
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Crown Molding, High Ceilings, Paneling/Wainscoting
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $39,840
- Operating Expense
- 13860
Listing courtesy of Listing Agent: John Barroso (john@parkwayrec.com) from Listing Office: Parkway Real Estate Co..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.