59
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$650,000
Est. payment /mo
8 Beds
4 Baths
8,276 Sqft Lot
New
618 Rancheria Drive Chico, CA 95926
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN26126309
Bedrooms 8
Lot Size 8,276 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Located in the heart of Chico, this well-positioned four-unit multifamily property presents an attractive investment opportunity with strong rental demand and a highly desirable unit mix. The property consists of four spacious two-bedroom, one-bathroom units, each approximately 765 square feet, offering residents comfortable living accommodations while providing investors with stable income potential. The property's prime location is a significant advantage, situated just 0.2 miles from California State University, Chico and approximately 0.8 miles from Chico High School. This strategic positioning supports consistent tenant demand from both the student population and the broader Chico rental market. This desirable location, versatile unit mix, and strong occupancy fundamentals, this property offers investors the opportunity to acquire a well-located multifamily asset in one of Northern California's most established university communities.
Location
State CA
County Butte
Zoning Assessor
Direction Between W 1st Ave & W Sacramento Ave
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 043180025000
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Matt Depa, DRE#01861484 Capital Rivers Commercial Inc
NEARBY SCHOOL & BUSINESS
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