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$899,000
4 bed
4 bath
0 Sqft
9,148 Sqft lot

1122 W Sacramento Avenue, Chico, California 95926

  • Residential Income Property Type
  • 1 Days Time on market
  • 2022 Year Built
Property Description

Income-Producing 4-Unit Property Near CSU Chico

Located in a prime, centrally situated neighborhood just minutes from CSU Chico, this fully leased, income-generating property offers a fantastic investment opportunity. The property consists of four well-maintained units, plus billboard income, including:

Two Identical 2-Bedroom, 1-Bath Units: Built in 2022, these spacious, modern units feature open-concept living areas, sleek finishes, and contemporary design elements. Perfect for tenants seeking comfort and convenience, each unit offers two bedrooms, one bathroom, dishwasher, stacked laundry, covered front/rear patios and plenty of storage space.

The Duplex, with Mirrored Studio Floor Plans: Full gut and remodeled in 2022. This charming duplex offers two studio units with identical layouts, each designed for efficiency and style. Ideal for students, professionals, or short-term rentals, these units feature modern amenities and easy-to-maintain living spaces.

Billboard Lease Income: An additional source of revenue is provided by the on-site billboard lease, adding even more potential for passive income.

With its desirable location near CSU Chico, shopping, and grocery stores, this property offers both a steady cash flow and long-term investment potential. Built in 2022 with modern highlights throughout, including stainless steel appliances, quartz countertops, and energy-efficient systems, this property is as stunning as it is functional. Don’t miss out on this rare opportunity to own a versatile, high-demand rental property in a thriving area!

Key Features:

4 units: 2 x 2-bed, 1-bath and 2 x mirrored studio floor plans.

Billboard lease for additional income.

Centrally located near CSU Chico, shopping, and dining.

High rental demand area with solid cash flow potential.

Perfect for investors or those seeking a property with multiple income streams.

Basic Details
Residential Income
Buy
SN24237085
$899,000
4
4
0 Sqft
2022
9,148 Sqft
Active
Quadruplex
Multi-family
Features
: Ductless
: Ductless
: Wood
: Neighborhood
: Dishwasher, Microwave, Electric Range, Gas Range, Tankless Water Heater, Ice Maker, Water Heater, Watertorefrigerator
: Contemporary, Modern
: Sidewalks, Curbs, Gutters, Street Lights, Urban
7
$0
: Composition
: Public Sewer
Address
CA
Butte
Chico
95926
1122 W Sacramento Avenue
1122
Avenue
0
W122° 8' 19.8''
N39° 43' 52.5''
Additional Information
1
1
1
1
: One
1
: Inside
0
2,598 Sqft
1
0 Sqft
0 Sqft
: Quartzcounters, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting
0.21 Sqft
9,148 Sqft
1
: End Unit
0 Sqft
043290137000
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
22/11/2024 08:36:03
$0
: Standard
Submit
Nord Avenue to W Sacramento Ave
Coldwell Banker C&C Properties
Eric Stofa
CHDUFOU
CH157010339
$0
: Stucco, Wood Siding, Drywall
1
: Standard
: Vinyl
1
: Back Yard
1
: Electricity Connected, Natural Gas Connected, Water Connected, Cable Connected, Sewer Connected
: Double Pane Windows
1
: Square Feet
: Rain Gutters, Lighting
yes
1
3
4
4
1
4
4
Turnkey
Carbon Monoxide Detector(s),Smoke Detector(s)
1
68539
US-06007-N-043290137000-R-N
Quadruplex
22/11/2024 16:47:36
W Sacramento
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