$389,000
Turnkey income, prime location, and built-in demand, this is what smart investing looks like. Located just blocks from California State University, Chico and the heart of downtown Chico, this fully occupied property offers immediate income and long-term potential in a consistently in-demand area. Currently tenant-occupied with four college renters in place, this property provides steady income from day one with a total monthly rent of $2,500. The proximity to campus, dining, shopping, and nightlife makes it a highly desirable location for student housing, helping support consistent occupancy. Set among Chico’s classic downtown charmers, this property combines the character tenants love with the location investors rely on, creating a strong, dependable addition to any portfolio.
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Listed by Robin Miller with Parkway Real Estate Co. (530) 592-3432
Property Type
Single Family Residence
Status
Active
MLS Number
SN26081192
Year Built
1930
Lot Size
4,356 sq ft