Description

Prime 8-unit multi-family property located within walking distance of the Chico State campus, dining, and retail. Built in 2007, this well-maintained asset consists of eight 3-bedroom, 2-bathroom townhomes. Each unit features a spacious open-concept living and kitchen area, an attached 1-car garage, and in-unit washer/dryer hookups. Owner-operated since construction, the property reflects true pride of ownership with a pristine exterior, well-conditioned interiors, and manicured landscaping. Boasting a low historical vacancy rate, this turnkey asset delivers a strong 7.4% cash-on-cash return even with below-market rents.

Property details

Year built

2007

Property type

Residential Income

Lot size

23,522 sqft

Location

1288 W Sacramento • Chico, CA 95926

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Listed by

Mike McCrady · Michael McCrady, Broker

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Closed sales reported in 95926, nearest first, last 12 months. All recent sales in Chico →

Residential Income - 1288 W Sacramento, Chico, CA