1152 Magnolia AVE Active

Chico,CA 95926

$ 1150000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSN24101772

Originating Board California Regional MLS

Year Built 1978

Lot Size 10,019 Sqft

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

Interior

Heating Wall Furnace ,Central Forced Air

Cooling Central AC,Window / Wall Unit

Flooring Laminate

Laundry Laundry Area

Exterior

Parking Features Common Parking Area,Off-Street Parking

Pool 31,None

View Local/Neighborhood

Roof Type Composition

Building

Water District - Public

Others

Tax ID 003093014000

Special Listing Condition Not Applicable

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