202 W 2nd, Chico, CA, CA 95926

$850,000

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List Price
$850,000
Status
ACTIVE
MLS#
SN26158263
County
Butte
Year Built
1895
Building Square Feet
2,595
Square Feet
6,098
Days on Market
12
Property Type
Multifamily
Stories
Two Levels

Property Description

Fantastic 5-unit investment opportunity! Located in a quiet, desirable neighborhood near shopping, dining, schools, and parks, and only a few blocks from Enloe Hospital. This versatile property offers strong income potential and long-term value. The building is a single-family conversion into a 5-unit complex featuring generous living spaces and a balanced unit mix. Includes a shared ground-level coin-operated laundry room, along with an excellent rental history and strong occupancy potential.

Additional Information

Parcel Number
003063018000
Gross Scheduled Income
$93,300
Operating Expense
21604
Net Operating Income
$71,696
Number of Buildings
1
Lot Features
Walkstreet
Appliances
Vented Exhaust Fan, Water Heater
Utilities
Electricity Connected, Sewer Connected
Heat
Combination
Cooling
Yes
View
Neighborhood
Exterior Construction
Stucco, Wood Siding
Roof
Composition
Sewer
Public Sewer
Water
Public
Community Features
Biking, Park, Suburban

Listing courtesy of Listing Agent: Teresa Smith (roamingriverrealty@gmail.com) from Listing Office: Teresa E Smith, Broker.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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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.