29
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$1,375,000
Est. payment /mo
16 Beds
0.51 Acres Lot
Active
811 W 2nd Chico, CA 95926
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN25278121
Bedrooms 16
Lot Size 0.510 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
811 West 2nd Avenue is an eight-unit apartment complex ideally located in the heart of Chico, just two blocks from Chico State University, the Safeway Shopping Center, and nearby restaurants. This prime location makes the property highly attractive to students, faculty, and commuters to campus, while still being only a few miles from downtown Chico. The complex consists of six two-story four-bedroom, two-bath units along with two studio units, providing a desirable unit mix and strong rental demand. The property offers off-street parking and is centrally located, allowing easy access to shopping, dining, public transportation, and major corridors throughout Chico. Several units have received recent updates, offering additional upside potential for future improvements and rent growth. This property presents a solid investment opportunity in a consistently strong rental market near the university.
Location
State CA
County Butte
Zoning Public Rec
Direction Take North Cedar to W 2nd Ave. Property is down a driveway on the right.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 043162019000
Acceptable Financing Exchange
Listing Terms Exchange
Listed by Rick Sufuentes Parkway Real Estate Co.
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