Four residential units with development potential!!! This Northwest Chico property accommodates 3 detached homes with an above garage apartment. These homes are built with high-quality construction and great landscaped grounds. Their solid rental history would be an asset to any investment portfolio. Situated in the City of Chico Bell/Muir Special Planning Area, this property has a zoning overlay allowing 1-acre parcels with a maximum density of 1-unit per acre. There are 2+/- unimproved acres on the southwest side of the property that could benefit from this zoning overlay. Potential to create more detached units and/or subdivide and sell. Neighboring parcels have sold for $190,000 per acre on Cattle Drive Court. With amenities nearby, it is roughly a 10-minute walk to B-Line Bus Stop #516, a 4-minute drive to shopping at the Town and Country Center, and a 10-minute drive to Downtown Chico.
|Lot Size||5 Acres|
|Property Type||Residential Income|
|Listing Agent||Austin Barron|
|Listing Office||Century 21 Select Real Estate, Inc.|
Listed by Austin Barron of Century 21 Select Real Estate, Inc.. Listing data last updated 1/18/2021 at 9:36 PM PST.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/9/2021 10:34 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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