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Sold for $1,680,000 on 03/08/24
  • Listing Provided by: 

    Kimberly Shaffer DRE #01415693 530-680-7685,

    Century 21 Select Real Estate, Inc.,

    Co-Listing Agent: Frank Ross DRE #01014400 530-571-7703,

    Century 21 Select Real Estate, Inc.

    Bought with: Compass
    $1,680,000

    420 W 4th St, Chico, CA 95928

    144beds
    --baths
    7,894sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $703,300 Zestimate®
    $213/sqft
    $1,920 Estimated rent

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    $1,920/mo

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    $1,920/mo

    Rent Zestimate®

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    $10,479/mo

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    $10,479/mo

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    What's special

    This is a once in a life time opportunity to acquire a unique portfolio of properties located less than 2 blocks from the heart of Chico State University and downtown Chico. This standout investment opportunity features four single-family homes, encompassing a total of six units across four parcels, and is an ideal choice for those looking to diversify their investment portfolio in the real estate sector. These four Victorian homes have housed students for many years. Properties include a large private parking lot as an extra bonus. Built to last, these homes include beautiful hardwood floors, intricate woodworking details, and timeless character. Upgrades have been made over the years to all of the homes. Two of the houses had basement conversions to create bedrooms and two homes have large unfinished basements for extra storage. There may be additional room for another ADU behind one of the homes (buyer to verify). The location in this sought-after neighborhood drives strong rental demand, thanks to its close proximity to essential amenities, schools, and transportation. This investment is perfectly suited for both seasoned and first-time investors, offering a unique blend of the stability and growth potential inherent in real estate, making it a valuable and sustainable addition to any investment portfolio.

    Zillow last checked: 8 hours ago

    Listing updated: March 10, 2024 at 01:18pm

    Listing Provided by:

    Kimberly Shaffer DRE #01415693 530-680-7685,

    Century 21 Select Real Estate, Inc.,

    Co-Listing Agent: Frank Ross DRE #01014400 530-571-7703,

    Century 21 Select Real Estate, Inc.

    Bought with:

    Tommy Crudo, DRE #01468953

    Compass

    Source: CRMLS,MLS#: SN23213806MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 144
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,894
    • Total interior livable area: 7,894 sqft

    Property

    Features
    • Levels: One,Two,Three Or More,Multi/Split
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.44 Acres
    • Features: Near Public Transit, Paved
    Details
    • Additional parcels included: 004124010, 004124008,004124003
    • Parcel number: 004124009000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s)
    Location
    • Region: Chico

    Other

    Other facts
    • Listing terms: Submit