997 E 16th, Chico, CA, CA 95928

$935,000

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List Price
$935,000
Price Change
▼ $24,000 1784530271
Status
ACTIVE
MLS#
SN26099676
County
Butte
Year Built
1962
Lot Size
36,155
Days on Market
79
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Investment opportunity with three separate homes situated on .83-acre lot offering significant future potential. Explore the possibility of adding additional ADUs and potential lot split options (buyer to investigate and confirm with city/county planning departments). Perfect setup for rental income, multigenerational living, or phased development. Existing homes provide immediate usability while future improvements create substantial upside. Rare combination of current cash flow and future expansion opportunity.

Additional Information

Lot Features
Back Yard, Landscaped
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
2
Sewer
Septic Tank
Water
Public
Community Features
Sidewalks

Listing courtesy of Listing Agent: Matt Depa (matt.depa@capitalrivers.com) from Listing Office: Capital Rivers Commercial Inc.

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Please consult a financial professional.
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.