890 E 9th Street Chico, CA 95928
About the Property
Fantastic, hard-to-find, and very well-maintained, the "Peppertree Apartments" in Chico, CA, presents an excellent investment opportunity. This well-established complex consists of 17 units, including 16 two-bedroom, one-bath units, and one one-bedroom, one-bath unit. Over the past few years, most units have been thoughtfully updated with vinyl plank flooring, modern ceiling fans, and stylish light fixtures. The apartments feature wall cooling, gas wall heating, and newer dual-pane windows. Recent upgrades also include new countertops in many of the units, refurbished roofing, and an enhanced courtyard. The courtyard is so clean and offers a welcoming space for residents to relax and enjoy. There is convenient on-site parking and off-street parking and a seller-owned on-site laundromat with coin-operated washers and dryers. The complex benefits from high occupancy rates, with units rarely vacant. Conveniently located near the freeway, park, and downtown, one unit is occupied by an on-site manager, with rent credit reflected accordingly.
Property Information
| Size | 11,862 SqFt |
|---|---|
| Price/SqFt | $156 |
| Lot Size | 0.38 Acres |
| Year Built | 1965 |
| Property Type | Residential Income |
| Zoning | R3 |
| Listing Number | SN24130414 |
| Listed | 8/19/2024 |
|---|---|
| Modified | 11/14/2024 |
| Listing Agent | MaryAnn Scott |
| Listing Office | Parkway Real Estate Co. |
| Total Building | 1 |
| Total Units | 17 |
Property Features
- 18
- 18
- 17
- 1
- Stucco
- Wall/Window Unit(s)
- None
- None
- 0.00
- 225280.00
- 225280.00
- Wall Furnace
- Two
- 158927.00
- 66353.00
- Storage
- None
- 129412
- Public Sewer
- None
- 2
- 18440.00
- 66353.00
- Neighborhood
- Public
- Carpet
- Vinyl
- Electricity
- Gas
- Electric Oven
- Electric Range
- Refrigerator
- Curbs
- Sidewalks
- Street Lights
- Ceiling Fan(s)
- Laminate Counters
- Tile Counters
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
Listed by MaryAnn Scott 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 11/14/2024 11:03 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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