Description

Two homes on two lots in the heart of town! Situated on two lots, this unique property offers endless possibilities for investors or first-time buyers looking to offset their mortgage with rental income. Both homes are vacant, turnkey, and move-in ready! The front house has 2 bedrooms, 1 bathroom, updated laminate flooring, fresh interior paint, a bonus office space, indoor laundry, and a cozy kitchen with a breakfast nook. There is a long driveway for off-street parking, a newer roof, and a newer HVAC system. Behind the main house is 2242 Elm, a second 2-bedroom, 1-bathroom home with a bonus room or office. The additional vacant lot offers even more potential — create a large garden, add RV parking, or explore the possibility of building additional homes to maximize investment income (plans have been drawn up for a 3/2 and 2/1). Conveniently located near downtown, freeway access, shopping, and everyday amenities, this versatile property is packed with opportunity!

Property details

Bedrooms

4

Bathrooms

2

Square feet

1,906

Year built

1947

Property type

Residential

Lot size

12,197 sqft

Location

2244 Elm • Chico, CA 95928

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Listed by

Wren Jones · Parkway Real Estate Co.

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Closed sales reported in 95928, nearest first, last 12 months. All recent sales in Chico →

4-Bedroom Residential - 2244 Elm, Chico, CA