Turnkey 4-Unit Investment Near CSU Chico Located just minutes from California State University, Chico, this fully leased property offers strong, reliable income with added upside. Built and remodeled in 2022, it features two modern 2BD/1BA units with open layouts, quartz countertops, stainless steel appliances, in-unit laundry, and covered patios, plus a duplex with two updated studio units. An on-site billboard provides additional passive income, enhancing overall returns. With its central location near shopping, dining, and campus, the property benefits from consistent rental demand. Highlights: 4 units: 2 x 2BD/1BA + 2 studios Built/remodeled in 2022 Billboard income Prime Chico location with strong cash flow potential A clean, low-maintenance investment in a high-demand area.
| MLS # | SN26075294 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2022 |
| Days On Site | 144 |
| Listing Provided By | Parkway Real Estate Co. | Eric Stofa |
| SQ Feet | 2,598 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 3 |
| Acreage | 0.21 |
| Property View | Yes |
| Cooling | Ductless |
|---|---|
| Heating | Ductless |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting |
| Window Features | Double Pane Windows |
| Appliances | Dishwasher, Electric Range, Gas Range, Ice Maker, Microwave, Tankless Water Heater, Water To Refrigerator, Water Heater |
| Exterior Features | Lighting, Rain Gutters |
|---|---|
| Roof | Composition |
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Drywall, Stucco, Wood Siding |
| Foundation Details | Concrete Perimeter, Slab |
| Lot Features | Back Yard |
| Fencing | Wood |
| Parking Features | Gravel, On Site, Private |
|---|---|
| Garage Yes / No | No |
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
| Community Features | Curbs, Gutters, Street Lights, Sidewalks, Urban |
|---|
| State | CA |
|---|---|
| County | Butte |
| City | Chico |
| Zip Code | 95926 |
| Listing VS Median (in 95926) | |
Price: $789,000 low | high Med: $7,820 sqft: 2,598 low | high Med: 3,786 $ / sqft: $304 low | high Med: $8 On site: 144 low | high Med: 389.5 | |
| State | CA |
|---|---|
| County | Butte |
| City | Chico |
| Zip Code | 95926 |
| Listing VS Median (in 95926) | |
Price: $789,000 low | high Med: $7,820 sqft: 2,598 low | high Med: 3,786 $ / sqft: $304 low | high Med: $8 On site: 144 low | high Med: 389.5 | |
![]() | $1,049,0001122 Stewart AvenueChico, CA 95926 |