556 E 4th Street Chico, CA 95928

$699,000 Active

About the Property

2 beautifully remodeled homes on 1 lot right next to Bidwell Park! Situated in one of Chico’s most sought after neighborhoods, this property not only gives you the opportunity to own your own home but also make some extra income. Both units are currently successful vacation rentals. Each gives you custom details while also keeping its original charm. Take a step through the 2 bedroom 1 bathroom main home and immediately notice the well-kept original hardwood flooring, newer interior paint, windows on every wall letting in the perfect amount of sunshine and a cozy living room featuring a fireplace covered by brick and built-in shelving. Made for the everyday chef, the kitchen offers lots of cabinetry, stainless steel appliances, brick accents and a gas range that will make cooking a breeze. Both bedrooms were made for relaxing. They give you the ideal amount of room to stretch your legs and the bathroom is equipped with a large clawfoot tub. Not only that, but this home also has a light and bright office space and a nicely sized dining room area. Other amenities include a private backyard, laundry area, a basement and much more! The 1 bed 1 bath unit features a private entrance as well as a private backyard, a full kitchen, lots of natural light, a spacious bedroom and a living room where you can enjoy a movie night with friends. Located a stone’s throw away from Bidwell Park and only a 5 minute stroll to Downtown Chico. This 2 unit property is an opportunity you cannot let pass you by!

Property Information

Size 1,386 SqFt
Price/SqFt $504
Lot Size 0.2 Acres
Year Built 1905
Property Type Residential Income
Zoning RD-1
Listing Number SN22244043
Listed 11/18/2022
Modified 2/11/2023
Listing Agent Brandi Laffins
Listing Office Re/Max of Chico
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 1
Community Features
  • Suburban
  • Central Air
  • Wood
  • Living Room
Garage Spaces
  • 0.00
Gross Scheduled Income
  • 65000.00
  • Central
  • One
Net Operating Income
  • 57000.00
Operating Expense
  • 8000.00
  • None
Price Pe rUnit
  • 349500
  • Composition
  • Public Sewer
  • Neighborhood
Water Source
  • Public
  • Built-in Features
  • Crown Molding
  • Carpet
  • Vinyl
  • Wood