1825 Magnolia Avenue Chico, CA 95926
About the Property
Opportunity is knocking loud and clear with this unique investment property! Nestled near the heart of the avenues and close to Enloe Medical Center, this all-original 5-unit gem is a dream come true for savvy investors. With five units spread across three buildings, this property offers flexibility and charm. The large common courtyard is perfect for creating a welcoming community space where tenants can relax and enjoy the outdoors. Each unit comes equipped with its own laundry facilities, adding a layer of convenience that tenants will love. Located in a prime area, this property offers consistent rental demand and potential for growth. Whether you're looking to renovate and increase value or maintain the original charm, the possibilities are endless. Invest now and watch your portfolio thrive!
Property Information
| Size | 3,717 SqFt |
|---|---|
| Price/SqFt | $168 |
| Lot Size | 0.21 Acres |
| Year Built | 1960 |
| Property Type | Residential Income |
| Zoning | R1 |
| Listing Number | SN24144907 |
| Listed | 7/16/2024 |
|---|---|
| Modified | 8/16/2024 |
| Listing Agent | Matt Depa |
| Listing Office | Re/Max of Chico |
| Total Building | 3 |
| Total Units | 5 |
Property Features
- 5
- 5
- 1
- Suburban
- 0.00
- 4700.00
- 56400.00
- Two
- 43296.00
- 13104.00
- None
- 125000
- Public Sewer
- 2
- 13104.00
- Public
- Central Air
- See Remarks
- Wall/Window Unit(s)
- Central
- See Remarks
- Wall Furnace
Listed by Matt Depa and Steve Depa of Re/Max of Chico. Listing data last updated 9/7/2024 at 1:39 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/16/2024 10:02 AM. 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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