609 Rancheria, Chico, CA 95926
- $1,285,000
- List Price
- $1,285,000
- Status
- ACTIVE
- MLS#
- SN25268516
- Year Built
- 1968
- Lot Size
- 9,148
- Acres
- 0.21
- Lot Location
- Landscaped, Paved, Sprinkler System, Trees
- Days on Market
- 287
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
Exceptional investment opportunity near CSUC. This well-maintained 5-unit complex features spacious 3-bed/2-bath floor plans, each with full-sized washer/dryer. Kitchens have updated cabinets, countertops, and newer appliances including stoves and refrigerators. Large upstairs bedrooms with dual closets add to tenant appeal. Major upgrades include dual-pane windows (2007), new roof (2013), upgraded blinds (2017), and newer water heaters. Fully leased through June 2026, offering stable income in a high-demand location. Seller may consider financing with acceptable terms.
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Additional Information
- Appliances
- Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Neighborhood
- Roof
- Flat, Tar/Gravel
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Granite Counters, Tile Counters, Bedroom on Main Level
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $113,700
- Operating Expense
- 9446
Listing courtesy of Listing Agent: Trevor White (trevorw@entwoodpm.com) from Listing Office: Atrix Real Estate.
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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.