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1501 W 3rd Street, Chico, CA 95928

Fourplex

1501 W 3rd Street, Chico, CA 95928 Sold March 2024 CRMLS
$670,000Sold March 2024

Listing Agent: Steve Depa (DRE #00813533) · Listing Office: Re/Max of Chico · Contact: 530-514-6288 · Bought with: Steve Depa · Re/Max of Chico · MLS #SN23165776 · Source: CRMLS

13,504 sqft
Lot Size
1975
Year Built
Fourplex
Type
0
Garage
EvaporativeCooling, WallWindowUnits
Cooling
WallFurnace
Heating

About this fourplex

Your Dream Investment Awaits: Meet the Multi-Unit Marvel Near Chico State! Hello Investors and Real Estate Enthusiasts! Allow me to introduce myself. I'm a charming multi-unit residential property positioned perfectly near Chico State University and the bustling downtown scene, but I'm not just a property; I'm your next portfolio game-changer. I offer four unique units for diverse income; My Front House (Unit #1) is a spacious 5-bedroom, 2-bathroom haven, perfect for roommates who want to balance study and play— With a more intimate 2-bedroom, 2-bath (unit #2) in the lower level. Unit #3 is a freestanding cottage featuring 3 bedrooms and 2 baths, this little gem offers a private fenced yard. Last but not, Unit #4— My 4-bedroom, 2-bath unit, which blends comfort and convenience, rounding out the quartet beautifully. Parking? Plenty! Say goodbye to the parking hunt. I offer ample off-street spots for cars, bikes, and scooters alike. Bonus Cash Flow? My Coin-Op laundry room does more than clean clothes—it adds to your income stream. Think of it as a mini-business within your investment. With a gross annual income of $75,600 and leases already set for the school year, I’m not just attractive—I make financial sense. I'm a turnkey operation, ready to add significant numbers to your bottom line. Come see for yourself why students love living here and why you'll love owning me! Call Your Realtor Today! I'm ready to meet you—are you ready to meet your next great investment?

Listing description from the March 2024 sale, as reported to CRMLS.

Sale history

$670,000
Sold March 2024 · listed $750,000, orig. $799,000, on market September 2023 · MLS #SN23165776 · Source: CRMLS
Listing Agent: Steve Depa · Listing Office: Re/Max of Chico · Contact: 530-514-6288 · Bought with: Steve Depa · Re/Max of Chico
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