811 W 2nd, Chico, CA 95926
- $1,100,000
- List Price
- $1,100,000
- Price Change
- ▼ $125,000 1786747381
- Status
- ACTIVE
- MLS#
- SN25278121
- Year Built
- 1984
- Lot Size
- 22,216
- Acres
- 0.51
- Lot Location
- Back Yard, Irregular Lot, Level, Paved
- Days on Market
- 216
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
811 West 2nd Avenue is a seven-unit apartment complex ideally located in the heart of Chico, just two blocks from Chico State University and close to Safeway, restaurants, shopping, public transportation, and downtown. The property features six two-story, four-bedroom, two-bathroom units and one studio unit. There is also an additional studio unit that is currently unpermitted and is not included in the stated unit count. Off-street parking and the property’s central location add to its overall rental appeal. Several units have received recent updates, with additional opportunities for future improvements and rent growth. With its desirable unit mix, strong rental history, and excellent location near Chico State, this property offers a compelling investment opportunity in one of Chico’s most consistently active rental areas.
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Additional Information
- Pool Description
- None
- Heat
- Central
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $118,275
- Operating Expense
- 41714
Listing courtesy of Listing Agent: Rick Sufuentes (RickSufuentes@gmail.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.