604 Salem Street, Chico, CA 95928
- $845,000
- Sold Price
- $845,000
- List Price
- $899,000
- Closing Date
- Dec 19, 2025
- Status
- CLOSED
- MLS#
- SN25136289
- Year Built
- 1900
- Lot Size
- 9,583
- Acres
- 0.22
- Lot Location
- Corner Lot, Landscaped, Walkstreet
- Days on Market
- 128
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level, Two Levels, Multi Level
Property Description
Fantastic Investment Opportunity in the Heart of Downtown Chico! This unique property is full of charm, character, and architectural appeal—all set on a desirable corner lot just steps from local restaurants, shops, parks, and the farmers market. The building is divided into five distinct units: a spacious 2-bedroom, a 1-bedroom, and three private-entry studios—each offering its own personality and layout. Two of the units have been tastefully updated, with one featuring the added convenience of in-unit laundry. The standout two-bedroom unit showcases a two-story layout with a spiral staircase, fireplace, and a private exterior balcony—perfect for enjoying morning coffee or relaxing in the evening. Outside, a large yard with raised decks provides space for gatherings, barbecues, or simply enjoying the shade of mature trees. Brick and concrete walkways, along with wrought iron, brick, and wood fencing, add both charm and privacy. This is a rare chance to own a one-of-a-kind multi-unit property in Downtown Chico—a location that continues to attract high rental demand. Whether you’re expanding your portfolio or diving into real estate investment, this property offers both income potential and timeless appeal.
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Additional Information
- Appliances
- Electric Oven, Gas Oven, Gas Range, Refrigerator
- Pool Description
- None
- Fireplace Description
- Kitchen
- Heat
- Baseboard
- Cooling
- Yes
- Cooling Description
- Central Air, Evaporative Cooling, Wall/Window Unit(s)
- View
- Neighborhood
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $57,960
- Operating Expense
- 18422
Listing courtesy of Listing Agent: John Barroso (john@parkwayrec.com) from Listing Office: Parkway Real Estate Co..
Listing sold by Brandon Harris from Harris Commercial 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.