609 Rancheria, Chico, CA, CA 95926

$1,285,000

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List Price
$1,285,000
Status
ACTIVE
MLS#
SN25268516
County
Butte
Year Built
1968
Building Square Feet
8,160
Square Feet
9,148
Days on Market
241
Property Type
Multifamily

Property Description

Exceptional investment opportunity near CSUC. This well-maintained 5-unit complex features spacious 3-bed/2-bath floor plans, each with full-sized washer/dryer. Kitchens have updated cabinets, countertops, and newer appliances including stoves and refrigerators. Large upstairs bedrooms with dual closets add to tenant appeal. Major upgrades include dual-pane windows (2007), new roof (2013), upgraded blinds (2017), and newer water heaters. Fully leased through June 2026, offering stable income in a high-demand location. Seller may consider financing with acceptable terms.

Additional Information

Parcel Number
043180029000
Gross Scheduled Income
$113,700
Operating Expense
9446
Net Operating Income
$104,254
Number of Buildings
1
Lot Features
Landscaped, Paved, Sprinkler System, Trees
Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Dryer, Washer
Heat
Central
Cooling
Yes
View
Neighborhood
Roof
Flat, Tar/Gravel
Sewer
Public Sewer
Water
Public
Community Features
Sidewalks

Listing courtesy of Listing Agent: Trevor White (trevorw@entwoodpm.com) from Listing Office: Atrix Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.