626 W 1st Avenue Chico, CA 95926
About the Property
Located only a few blocks from Chico State University, this nice, clean 16 unit building is currently 100% occupied and has solid history of nearly zero vacancy. The quiet and private design with center courtyard, plenty of off-street tenant parking, onsite laundry room and the functionally designed units add to the desirability of the property from not only an ownership perspective, but also from the tenant base as well. The location also provides tenants with easy walking or biking to many restaurants, a large grocery center and downtown Chico, in addition to the University. The continued strength of the Chico rental market means there is significant upside for rents, making this is an incredible opportunity to add a quality property to your portfolio. **OWNER WILL FINANCE WITH VERY REASONABLE TERMS FOR QUALIFIED INVESTORS**
Property Information
| Size | 13,824 SqFt |
|---|---|
| Price/SqFt | $114 |
| Lot Size | 0.76 Acres |
| Year Built | 1966 |
| Property Type | Residential Income |
| Zoning | R3 |
| Listing Number | SN19216306 |
| Listed | 9/10/2019 |
|---|---|
| Modified | 1/17/2020 |
| Listing Agent | Dan Bosch |
| Listing Office | Re/Max of Chico |
| Total Building | 1 |
| Total Units | 16 |
Property Features
- 16
- 16
- 16
- 1
- 0.00
- 166380.00
- 166380.00
- Two
- 99828.00
- 66552.00
- None
- Public Sewer
- 2
- 66552.00
- Public
- Curbs
- Storm Drains
Listed by Dan Bosch of Re/Max of Chico. Listing data last updated 7/14/2020 at 2:16 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/17/2020 11:31 AM. 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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