$ 1,150,000
1152 Magnolia Avenue Chico, CA 95926
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Listed by John Barroso • Parkway Real Estate Co.
$ 1,150,000
Est. payment | /mo
4,500 SqFt
$ 1,150,000
Est. payment | /mo
4,500 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $255
MLS Listing ID CRSN24101772
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1978
Lot Size 10,019 Sqft
Property Description
This investment opportunity in Chico presents a prime location near Chico State University, Enloe Hospital, Downtown Chico, and various shopping centers, making it highly desirable for renters. The property features five-units with a charming single-family residence at the front and a four-unit apartment building towards the back. The front home features three bedrooms and two bathrooms, with a beautifully updated interior that includes granite countertops, white cabinets, stainless steel appliances, and durable LVP flooring throughout. The living room is cozy with a fireplace, and there's a private washer and dryer for convenience. The four-unit apartment building, located down the walkway, features spacious three-bedroom, one-bathroom units. Each apartment offers a private balcony or patio, providing outdoor space for tenants. The units also feature roomy living areas, fully equipped kitchens, and a quaint dining nook. An on-site laundry room adds to the convenience for residents. This property's location ensures high demand, particularly from students attending Chico State and healthcare professionals working at Enloe Hospital. With its proximity to downtown and shopping centers, tenants will enjoy easy access to dining, entertainment, and retail options.
Location
State CA
County Butte
Interior
Heating Wall Furnace, Other
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate, Vinyl
Fireplace No
Laundry Other
Exterior
View Other
Parking Type Other
Building
Lot Description Other, Front Yard
Water Public
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