1122 W Sacramento Avenue, Chico, CA 95926
- $789,000
- List Price
- $789,000
- Price Change
- ▼ $10,000 1783560834
- Status
- ACTIVE
- MLS#
- SN26075294
- Year Built
- 2022
- Lot Size
- 9,148
- Acres
- 0.21
- Lot Location
- Back Yard
- Days on Market
- 98
- Property Type
- Multifamily
- Style
- Contemporary, Modern
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
Turnkey 4-Unit Investment Near CSU Chico Located just minutes from California State University, Chico, this fully leased property offers strong, reliable income with added upside. Built and remodeled in 2022, it features two modern 2BD/1BA units with open layouts, quartz countertops, stainless steel appliances, in-unit laundry, and covered patios, plus a duplex with two updated studio units. An on-site billboard provides additional passive income, enhancing overall returns. With its central location near shopping, dining, and campus, the property benefits from consistent rental demand. Highlights: 4 units: 2 x 2BD/1BA + 2 studios Built/remodeled in 2022 Billboard income Prime Chico location with strong cash flow potential A clean, low-maintenance investment in a high-demand area.
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Additional Information
- Appliances
- Dishwasher, Electric Range, Gas Range, Ice Maker, Microwave, Tankless Water Heater, Water To Refrigerator, Water Heater
- Pool Description
- None
- Heat
- Ductless
- Cooling
- Yes
- Cooling Description
- Ductless
- View
- Neighborhood
- Exterior Construction
- Drywall, Stucco, Wood Siding
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $69,684
- Operating Expense
- 14109
Listing courtesy of Listing Agent: Eric Stofa (estofa20@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.