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Peter Owens

[email protected] +1(323) 742-7833

$ 525,000

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390 White AVE Chico, CA 95926

0.29 Acres Lot

UPDATED:

01/22/2025 11:30 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN25015903

HOA Y/N No

Year Built 1979

Lot Size 0.290 Acres

Property Description

Welcome to your next great investment! This centrally located four-unit property offers incredible income potential and peace of mind, even with a unit vacant. Each unit is approximately 900 sq. ft, featuring 2 bedrooms and 1 bathroom, and rents for approximately $1,150 per month. With rental income that can cover your mortgage even if one unit is unoccupied, this property is a smart additional to any portfolio! Unit 1 has been recently updated with laminate wood flooring in the kitchen, fresh interior paint, plush carpet, and an updated bathroom featuring a brand-new shower/tub. The other units also feature updates throughout. Beyond rental income, this property includes an on-site laundry room with coin-operated machines, providing an additional revenue stream. On-site parking is available for all tenants, offering added convenience. This property is connected to City Sewer, features a newer roof, and has a history of long-term tenants. Centrally located with easy freeway access, close to schools, shopping and local amenities, this property is a gem that offers both convenience and profitability. Whether you're a seasoned investor or looking to begin building your portfolio, this 4-plex offers a rare opportunity in the heart of Chico! Schedule your showing today and start earning!

Location

State CA

County Butte

Zoning C2

Interior

Interior Features Balcony, Ceiling Fan(s), Laminate Counters, Storage

Heating Central

Cooling Central Air

Flooring Carpet, Laminate

Fireplaces Type None

Inclusions Stove/Oven, Coin-Operated Washer & Dryer.

Fireplace No

Appliance Exhaust Fan, Electric Oven, Electric Range, Free-Standing Range, Range Hood, Self Cleaning Oven, Water Heater, Washer

Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Laundry Room, Outside

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Driveway Level, On Site, Off Street, Paved, One Space, Unassigned, Uncovered

Fence Chain Link, Partial

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Lawn, Near Public Transit, Rectangular Lot, Street Level, Trees

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 006290009000

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

Listed by Alisha Simpkins • Keller Williams Realty Chico Area • 530-354-4244

Peter Owens

Agent | License ID: 01992247

+1(323) 742-7833

Peter Owens

390 White AVE Chico, CA 95926

Key Details

Location

Interior

Exterior

Building

Others

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390 White AVE