1152 Magnolia Avenue Chico, CA 95926
About the Property
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.
Property Information
| Size | 4,500 SqFt |
|---|---|
| Price/SqFt | $256 |
| Lot Size | 0.23 Acres |
| Year Built | 1978 |
| Property Type | Residential Income |
| Zoning | R3 |
| Listing Number | SN24101772 |
| Listed | 5/20/2024 |
|---|---|
| Modified | 11/7/2024 |
| Listing Agent | John Barroso |
| Listing Office | Parkway Real Estate Co. |
| Total Building | 2 |
| Total Units | 5 |
Property Features
- 5
- 5
- 4
- 1
- Living Room
- 0.00
- 83721.90
- 81210.00
- 83721.90
- Ceiling Fan(s)
- 50970.30
- 30240.00
- None
- 230000
- Composition
- Public Sewer
- None
- 2
- 5740.00
- 30024.00
- Neighborhood
- Public
- Curbs
- Sidewalks
- Central Air
- Wall/Window Unit(s)
- Laminate
- Vinyl
- Central
- Wall Furnace
Listed by John Barroso of Parkway Real Estate Co.. Listing data last updated 11/28/2024 at 6:34 AM PST.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/7/2024 2:18 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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