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Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN26120021
Bedrooms 2
Lot Size 0.300 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Well-maintained North Chico fourplex with dual-pane windows, exterior paint completed within the last five years, and two updated units. The remaining units are in good condition, including one occupied by a long-term tenant. The property has been consistently cared for and improved over time, resulting in a clean asset with limited deferred maintenance. Three of the four units offer room for future rent growth, while additional income potential exists through the implementation of utility reimbursements at renewal. A solid multifamily investment offering stable income, strong rental demand, and continued upside without the need for significant capital improvements.
Location
State CA
County Butte
Zoning Assessor
Exterior
View Y/N No
Building
Story 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with General NONMEMBER NONMEMBER MRML
NEARBY SCHOOLS & BUSINESSES
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