739 W 3rd Street Chico, CA 95928
About the Property
Rare opportunity to own a 5-unit boutique multi-family property located in the most prime student housing neighborhood that Chico has to offer. Student properties that are located from West 2nd St. to West 5th St and from Normal St. to Orange St., this area makes up what is called the “Golden Rectangle” of Chico student housing. This is the most in-demand location for student housing and thus offers the highest income potential in the area. This property offers the easiest walk to Chico State, Historic Downtown Chico, the best college bar in America; Rileys Bar, multiple fraternities & sororities, fantastic local restaurants, coffee shops, and the location for both Thursday and Saturday Farmer’s Markets. Many students live in this neighborhood and don’t need a car because they can walk and bike almost anywhere that they need to go. It’s almost 100% student housing, but the advantages are that you have a constant steady flow of renters. The current owner just completed an extensive remodel of the larger three-bedroom, one-bath unit in September of 2022. This remodel was complete with new paint, flooring, countertops, HVAC system, fixtures, and more. The three-bedroom is the newest of the remodeled units, but the entire property has been well-maintained and is ready for its new owners. Call your favorite realtor and set up a tour!
Property Information
| Size | 3,327 SqFt |
|---|---|
| Price/SqFt | $329 |
| Lot Size | 0.08 Acres |
| Year Built | 1908 |
| Property Type | Residential Income |
| Zoning | CITY |
| Listing Number | SN22217021 |
| Listed | 9/29/2022 |
|---|---|
| Modified | 3/7/2023 |
| Listing Agent | Brent Silberbauer |
| Listing Office | eXp Realty of California, Inc. |
| Total Building | 1 |
| Total Units | 5 |
Property Features
- 5
- 5
- 1
- 4.76
- 220 Volts in Laundry
- Chain Link
- None
- Laminate
- 0.00
- 83760.00
- 83760.00
- 83760.00
- Two
- 52151.00
- 29096.00
- 2.00
- None
- 219000
- Composition
- Public Sewer
- None
- 2
- 29096.00
- 2.00
- Neighborhood
- Public
- Lighting
- Rain Gutters
- Forced Air
- Wall Furnace
- Electricity
- Gas
- ENERGY STAR Qualified Equipment
- High Efficiency
- Wall/Window Unit(s)
- Curbs
- Gutters
- Sidewalks
- Storm Drains
- Street Lights
- Cable Available
- Electricity Connected
- Phone Available
- Sewer Connected
- Water Connected
- Ceiling Fan(s)
- Granite Counters
- High Ceilings
- Laminate Counters
- Recessed Lighting
- Storage
- Dishwasher
- Electric Oven
- Electric Range
- Free-Standing Range
- Gas & Electric Range
- Gas Oven
- Gas Range
- Microwave
- Refrigerator
- Self Cleaning Oven
- Water Heater
Listed by Brent Silberbauer of eXp Realty of California, Inc.. Listing data last updated 3/23/2023 at 10:29 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/7/2023 3:24 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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