Fourplex
Listing Agent: Spencer Moyer (DRE #01940191) · Listing Office: Alive Commercial Real Estate · Contact: 916-314-7005 · Bought with: Wren Jones · Parkway Real Estate Co. · MLS #SN22243269 · Source: CRMLS
1166 Hobart Street is a turn-key fourplex ideally located in the heart of Chico, CA. Most notably, the property is walking distance to CSUC (0.5 miles) and Enloe Hospital (0.4 mi), allowing for flexibility in student and non student rental demand. The building is comprised of (four) four-bedroom, two-bathroom floor plans boasting 1,363 SF each with sizable back yards. The property's strong operating history, recent capital improvements and below market rents will allow a new owner the ability to take ownership of a turn-key building and move rents to market without the headache of major renovations. Contact listing agent for full offering memorandum.
Listing description from the January 2023 sale, as reported to CRMLS.