1152 Magnolia Avenue Active

Chico,CA 95926

$ 1150000

- Bed

0 Bath

4500 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $255

MLS Listing ID CRSN24101772

HOA Y/N No

Year Built 1978

Lot Size 10,019 Sqft

Acres 0.23

Property Description

This investment opportunity in Chico presents a prime location near Chico State University, Enloe Hospital, Downtown Chico, and various shopping centers, making it highly desirable for renters. The property features five-units with a charming single-family residence at the front and a four-unit apartment building towards the back. The front home features three bedrooms and two bathrooms, with a beautifully updated interior that includes granite countertops, white cabinets, stainless steel appliances, and durable LVP flooring throughout. The living room is cozy with a fireplace, and there's a private washer and dryer for convenience. The four-unit apartment building, located down the walkway, features spacious three-bedroom, one-bathroom units. Each apartment offers a private balcony or patio, providing outdoor space for tenants. The units also feature roomy living areas, fully equipped kitchens, and a quaint dining nook. An on-site laundry room adds to the convenience for residents. This property's location ensures high demand, particularly from students attending Chico State and healthcare professionals working at Enloe Hospital. With its proximity to downtown and shopping centers, tenants will enjoy easy access to dining, entertainment, and retail options.

Location

State CA

County Butte

Area Listing

Zoning R3

Interior

Heating Wall Furnace,Other

Cooling Central Air,Wall/Window Unit(s)

Flooring Laminate,Vinyl

Fireplace No

Laundry Other

Exterior

View Y/N true

View Other

Building

Lot Description Other,Front Yard

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 003093014000

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