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REMAX Coastal Homes

RE/MAX Coastal Homes

info@remaxcoastalhomes.com +1(949) 276-2992

$ 1,750,000

Est. payment | -/mo

0.5 Acres Lot

Save

$ 1,750,000

Est. payment | -/mo

Save

0.5 Acres Lot

OPEN HOUSE

Wed Feb 26, 9:00am - 9:30am

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN25022136

HOA Y/N No

Year Built 1983

Lot Size 0.500 Acres

Property Description

This is a fantastic opportunity to own seven units that are each 1384 square foot, 4 bedroom 2 bath and fully rented in a great location, close to Chico State University and just a few short steps away from grocery stores, restaurants, bus lines and other conveniences. Each unit has it's own HVAC system, water heater, dual pane windows and a fully equipped kitchen with stove, refrigerator, dishwasher and garbage disposal and a built-in microwave in some of the units. There is the added bonus of a private laundry room in each unit with. There are three units in one building and two in each of the other buildings surrounding a central common courtyard and two lovely grassy areas with open BBQ's and plenty of outdoor seating. In 2018 each building's exterior was re-painted and new roofs installed (one building was re-roofed in 2017.) The interior of three of the units have been recently improved with light and bright finishes and laminate flooring. A fourth building on the property has a bathroom and was used as an office building in the past. It is currently being used for storage but you can explore other options as the new owner. Traditionally, vacancy rates have been incredibly low for this property due to it's amazing location. There is also assumable private financing at an excellent interest rate!

Location

State CA

County Butte

Zoning ASR

Rooms

Other Rooms Storage

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate

Fireplaces Type Kitchen

Inclusions Refrigerators, some washers and some dryers

Fireplace Yes

Appliance Free-Standing Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer

Exterior

Parking Features Asphalt, Driveway Level

Pool None

Community Features Suburban

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Courtyard, Neighborhood

Roof Type Composition

Total Parking Spaces 17

Private Pool No

Building

Lot Description 6-10 Units/Acre, Lawn, Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Additional Building Storage

New Construction No

Others

Senior Community No

Tax ID 043260040000

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Private Financing Available, Submit

Listing Terms Private Financing Available, Submit

Special Listing Condition Standard

Listed by Laura Willman • Century 21 Select Real Estate, Inc. • 530-680-8962

+1(949) 276-2992

info@remaxcoastalhomes.com

United States

1119 W Sacramento AVE Chico, CA 95926

REMAX Coastal Homes

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1119 W Sacramento AVE