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
Owner options
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#: SN23213806
Originating 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