1326 Mulberry, Chico, CA, CA 95928

$524,500

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List Price
$524,500
Status
ACTIVE
MLS#
SN26139157
County
Butte
Year Built
1907
Building Square Feet
1,932
Square Feet
8,712
Days on Market
35
Property Type
Multifamily
Style
Bungalow
Stories
One Level

Property Description

Discover a unique opportunity at 1326 Mulberry Street, a well-maintained multi-unit property ideally located near downtown Chico, California State University, Chico, and a variety of shopping, dining, and entertainment options. This triplex offers two structures; a 2 bedroom 2 bath home in front, and a Duplex in the back with alley access. The duplex consists of a studio with a bathroom and a 1 bedroom 1 bath unit. All 3 units have fenced individual yards, separate meters, parking, and low maintenance yards. The front residence was fully renovated in 2023 and offers an attractive floor plan featuring two large primary suites, each with a private en-suite bathroom. This layout is especially appealing for roommates, students, tenants seeking additional privacy, or someone looking to live on the property while taking advantage of the rental offset! Interior upgrades include durable luxury vinyl plank flooring, an updated kitchen with modern finishes, and stylishly remodeled bathrooms. There is space for parking which is covered as well as plenty of off-street parking. A BRAND-NEW roof was installed in 2026 including new under sheathing and edge metal. The entire exterior of the duplex has had extensive work done to repair the siding which includes a full paint job to match the front residence as well as an existing durable metal roof. Inside, you will find fresh paint, new carpet, new blinds, and functional layouts. The studio has a very large main room that has plenty of storage and the 1 bedroom has both a closet in the living room and main bedroom. Whether you're an investor seeking a turnkey addition to your portfolio or an owner-occupant looking to generate supplemental income, this versatile multi-unit property offers an outstanding combination of location, functionality, and income potential.

Additional Information

Parcel Number
005181005000
Rent Control
Yes
Gross Scheduled Income
$37,677
Operating Expense
9854
Net Operating Income
$27,823
Number of Buildings
2
Lot Features
0-1 Unit/Acre, Front Yard, Street Level, Walkstreet
Other Buildings
Two On A Lot
Appliances
Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Wall Furnace
Cooling
Yes
View
None
Exterior Construction
Lap Siding, Wood Siding
Roof
Composition, Metal
Carport Spaces
2
Sewer
Public Sewer
Water
Public
Community Features
Biking, Curbs, Hiking, Park, Storm Drain(s), Sidewalks

Listing courtesy of Listing Agent: Zachary Heckerson (zackheckerson@outlook.com) from Listing Office: Re/Max of Chico.

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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.