$ 1,150,000
1152 Magnolia AVE Chico, CA 95926
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$ 1,150,000
Est. payment | /mo
10,019 Sqft Lot
$ 1,150,000
Est. payment | /mo
10,019 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSN24101772
Originating Board California Regional MLS
Year Built 1978
Lot Size 10,019 Sqft
Property Description
This investment opportunity in Chico presents a prime location near Chico State University, Enloe Hospital, Downtown Chico, and various shopping centers, making it highly desirable for renters. The property features five-units with a charming single-family residence at the front and a four-unit apartment building towards the back. The front home features three bedrooms and two bathrooms, with a beautifully updated interior that includes granite countertops, white cabinets, stainless steel appliances, and durable LVP flooring throughout. The living room is cozy with a fireplace, and there's a private washer and dryer for convenience. The four-unit apartment building, located down the walkway, features spacious three-bedroom, one-bathroom units. Each apartment offers a private balcony or patio, providing outdoor space for tenants. The units also feature roomy living areas, fully equipped kitchens, and a quaint dining nook. An on-site laundry room adds to the convenience for residents. This property's location ensures high demand, particularly from students attending Chico State and healthcare professionals working at Enloe Hospital. With its proximity to downtown and shopping centers, tenants will enjoy easy access to dining, entertainment, and retail options.
Location
State CA
County Butte
Interior
Heating Wall Furnace , Central Forced Air
Cooling Central AC, Window / Wall Unit
Flooring Laminate
Laundry Laundry Area
Exterior
Garage Common Parking Area, Off-Street Parking
Pool 31, None
View Local/Neighborhood
Roof Type Composition
Building
Water District - Public
Others
Tax ID 003093014000
Special Listing Condition Not Applicable
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Listed by John Barroso • Parkway Real Estate Co.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "