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Drake Cruz

drake@drake4homes.com +1(562) 884-9016

$ 1,590,000

Est. payment | -/mo

0.54 Acres Lot

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$ 1,590,000

Est. payment | -/mo

Save

0.54 Acres Lot

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26212858

HOA Y/N No

Year Built 2007

Annual Tax Amount $15,162

Tax Year 2025

Lot Size 0.540 Acres

Lot Dimensions Assessor

Property Sub-Type Townhouse

Property Description

Prime 8-unit multi-family property located within walking distance of the Chico State campus, dining, and retail. Built in 2007, this well-maintained asset consists of eight 3-bedroom, 2-bathroom townhomes. Each unit features a spacious open-concept living and kitchen area, an attached 1-car garage, and in-unit washer/dryer hookups. Owner-operated since construction, the property reflects true pride of ownership with a pristine exterior, well-conditioned interiors, and manicured landscaping. Boasting a low historical vacancy rate, this turnkey asset delivers a strong 7.4% cash-on-cash return even with below-market rents.

Location

State CA

County Butte

Area 699 - Not Defined

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, In Garage

Exterior

Parking Features Door-Multi, Garage

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Biking, Gutter(s), Storm Drain(s), Sidewalks

Total Parking Spaces 24

Private Pool No

Building

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 043280011000

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Mike McCrady Michael McCrady, Broker 530-321-3726, DRE #01234296

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 884-9016

drake@drake4homes.com

6621 E Pacific Coast Hwy #150, Long Beach, CA 90803, USA

1288 W Sacramento Chico, CA 95926

Drake Cruz

Key Details

Location

Interior

Exterior

Building

Others

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1288 W Sacramento