193 E 1st Avenue Chico, CA 95926

$800,000 Active

About the Property

Centrally located, close to downtown and Chico State University, this well maintained 6 plex with off street parking and onsite laundry, makes an ideal investment opportunity, with solid rental history, stabilized rents, and low maintenance grounds.

Property Information

Size 5,244 SqFt
Price/SqFt $153
Lot Size 0.15 Acres
Year Built 1968
Property Type Residential Income
Listing Number SN26142862
Listed 7/1/2026
Modified 7/1/2026
Listing Agent Shawn Smith
Listing Office Commercial Brokers of California
Total Building 1
Total Units 6

Property Features

# Electric Meters
  • 7
# Gas Meters
  • 7
# Water Meters
  • 1
Cooling
  • Wall/Window Unit(s)
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 76583.00
Gross Scheduled Income
  • 76583.00
Heating
  • Wall Furnace
Levels
  • Two
Net Operating Income
  • 38923.00
Operating Expense
  • 33831.00
Parking Total
  • 6.00
Pool
  • None
Price Pe rUnit
  • 133333
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Expenses
  • 33831.00
Water Source
  • Public
Community Features
  • Curbs
  • Sidewalks