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Listed by Rick Sufuentes • Parkway Real Estate Co.
$1,100,000
Est. payment /mo
9,125 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 9,125 sqft
Price per Sqft $120
MLS Listing ID SN-25278121
Year Built 1984
Lot Size 0.510 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
811 West 2nd Avenue is a seven-unit apartment complex ideally located in the heart of Chico, just two blocks from Chico State University and close to Safeway, restaurants, shopping, public transportation, and downtown.
The property features six two-story, four-bedroom, two-bathroom units and one studio unit. There is also an additional studio unit that is currently unpermitted and is not included in the stated unit count. Off-street parking and the property's central location add to its overall rental appeal.
Several units have received recent updates, with additional opportunities for future improvements and rent growth. With its desirable unit mix, strong rental history, and excellent location near Chico State, this property offers a compelling investment opportunity in one of Chico's most consistently active rental areas.
The property features six two-story, four-bedroom, two-bathroom units and one studio unit. There is also an additional studio unit that is currently unpermitted and is not included in the stated unit count. Off-street parking and the property's central location add to its overall rental appeal.
Several units have received recent updates, with additional opportunities for future improvements and rent growth. With its desirable unit mix, strong rental history, and excellent location near Chico State, this property offers a compelling investment opportunity in one of Chico's most consistently active rental areas.
Location
State CA
County Butte
Interior
Heating Central
Laundry None
Exterior
Pool None
Community Features Urban
Building
Lot Description Irregular Lot, Level, Paved, Back Yard
Sewer Other, Public Sewer
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Naghmeh Keyvani
Broker Associate | License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823