01467358

CREATING WEALTH THROUGH REAL ESTATE

$1,500,000

811 W 2nd AVE, Chico, CA, 95926

Courtesy of: Rick Sufuentes 01486988 | Parkway Real Estate Co.

Information

Purchase Type: Sale

MLS ID: SN20163193MR

Price: $1,500,000

Days On Market: 164

Square Footage: 8,880 Sq ft

Lot size: 1

Details

Status: Active

Property Type: Residential Income

New Construction: No

Swimming Pool: No

Address: 811 W 2nd AVE

Country: US

County: Butte

City: Chico

Neighborhood: Other

Zip: 95926

State: California

Description

If you are looking for a great place to invest, look no further! For sale is a well established 7 unit apartment complex only a few blocks from the Chico State campus, shopping centers, restaurants and Safeway. This property has been well maintained with updated and delivers consistent solid rents with upside potential. The property consists on Six 4 bedroom 2 bath, 1500 sqft units and a single 1 bedroom 1 bath unit. Each of the townhouses include a fireplace, central heating and air, fenced back patios, Coin-op onsite laundry for additional income and ample off street parking with 24 spots. Over the years this property has seen a steady increase in rents and is solid investment that cash-flows. All have leases into 2021. Currently all rented and professionally managed. All financials on file.

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811 W 2nd AVE, Chico, CA, 95926

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