Attention all investors! Are you looking for top-notch student property near CSU,Chico in the heart of downtown Chico? Look no further than this amazing income property, with not one, not two, but three buildings spread across two lots— For a whopping total of 24 bedrooms and 16 bathrooms! There’s 2 units in each building; with one building featuring 2 newer construction 4bed/4 bath units— That’s 6 upgraded units! Complete with granite counters, wood style plank flooring, and stainless appliances. 4 units are furnished with mini split heat/ac; great for roommates, so they can control the temperature in their own personal space. Plus tenants love the conveinence of having a washer/dryer in unit. All of this, within a stone's throw of local bus routes and just a hop, skip, and jump away from everything downtown has to offer, including CSU Chico, delicious eateries, and an array of shopping and convenience stores.
Sold for $2,360,000 on 05/26/23
Listing Provided by:
Steve Depa DRE #00813533 530-514-6288,
Re/Max of Chico
Bought with: Rodeo Realty
$2,360,000
719 Chestnut St APT 1, Chico, CA 95928
24beds
16baths
6,000sqft
Multi Family
Built in 2019
-- sqft lot
$1,521,500 Zestimate®
$393/sqft
$2,470 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 26, 2023 at 11:41am
Listing Provided by:
Steve Depa DRE #00813533 530-514-6288,
Re/Max of Chico
Bought with:
Ralph Norton, DRE #01005061
Rodeo Realty
Source: CRMLS,MLS#: SN23049947
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 16
Appliances
- Laundry: Inside, Laundry Closet
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 7,841 sqft
- Features: Corner Lot
Details
- Additional parcels included: 004274001000
- Parcel number: 004274016000
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Chico
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange