Chico, CA 95928,1501 W 3rd ST
Chico, CA 95928,1501 W 3rd ST
Chico, CA 95928,1501 W 3rd ST
Chico, CA 95928,1501 W 3rd ST
Chico, CA 95928,1501 W 3rd ST
Chico, CA 95928,1501 W 3rd ST
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$670,000

$750,000

10.7%
Est.Price: ?

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Est. payment /mo

0.31 Acres Lot


SOLD DATE : 03/26/2024

Key Details

Sold Price $670,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN23165776

Sold Date 03/26/24

HOA Y/N No

Year Built 1975

Lot Size 0.310 Acres

Property Description

Your Dream Investment Awaits: Meet the Multi-Unit Marvel Near Chico State! Hello Investors and Real Estate Enthusiasts! Allow me to introduce myself. I'm a charming multi-unit residential property positioned perfectly near Chico State University and the bustling downtown scene, but I'm not just a property; I'm your next portfolio game-changer. I offer four unique units for diverse income; My Front House (Unit #1) is a spacious 5-bedroom, 2-bathroom haven, perfect for roommates who want to balance study and play— With a more intimate 2-bedroom, 2-bath (unit #2) in the lower level. Unit #3 is a freestanding cottage featuring 3 bedrooms and 2 baths, this little gem offers a private fenced yard. Last but not, Unit #4— My 4-bedroom, 2-bath unit, which blends comfort and convenience, rounding out the quartet beautifully. Parking? Plenty! Say goodbye to the parking hunt. I offer ample off-street spots for cars, bikes, and scooters alike. Bonus Cash Flow? My Coin-Op laundry room does more than clean clothes—it adds to your income stream. Think of it as a mini-business within your investment. With a gross annual income of $75,600 and leases already set for the school year, I’m not just attractive—I make financial sense. I'm a turnkey operation, ready to add significant numbers to your bottom line. Come see for yourself why students love living here and why you'll love owning me! Call Your Realtor Today! I'm ready to meet you—are you ready to meet your next great investment?

Location

State CA

County Butte

Zoning R3

Interior

Heating Wall Furnace

Cooling Evaporative Cooling, Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Back Yard

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 043682060000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steve Depa • Re/Max of Chico • 530-514-6288
Bought with Steve Depa • Re/Max of Chico
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