Chico, CA 95926,1122 Stewart Avenue
Chico, CA 95926,1122 Stewart Avenue
Chico, CA 95926,1122 Stewart Avenue
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$1,049,000
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10 BD
4 BA
0.3 Acres Lot
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1122 Stewart Avenue Chico, CA 95926

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UPDATED:

10/22/2024 12:33 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN24217204

Bedrooms 10

HOA Y/N No

Lot Size 0.300 Acres

Property Description

Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the propertys strong rental history, makes it a wise investment with immediate income potential. Key Features: 4 units with functional layouts Prime location near Chico State, shopping, and dining Strong rental history with excellent income potential Off-street parking and shared outdoor spaces Ideal for investors seeking stable, long-term returns Potential to add an additional unit at the rear of the property (utilities already trenched) Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms New mini split air conditioning (3 years old) in each unit Washer and dryer in all units except unit 2 Whether you're looking for a proper
Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the propertys strong rental history, makes it a wise investment with immediate income potential. Key Features: 4 units with functional layouts Prime location near Chico State, shopping, and dining Strong rental history with excellent income potential Off-street parking and shared outdoor spaces Ideal for investors seeking stable, long-term returns Potential to add an additional unit at the rear of the property (utilities already trenched) Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms New mini split air conditioning (3 years old) in each unit Washer and dryer in all units except unit 2 Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender. Please do not disturb tenants. No showings without an accepted offer.

Location

State CA

County Butte

Area Chico (95926)

Zoning Public Rec

Building

Lot Description Sidewalks

Story 1

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1,695

Listing Terms Cash, Conventional


San Diego Regional MLS (SDMLS)
Listed by Michael Lee • Ryno Company

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Catherine Maranca

Agent | CA DRE#01955971

+1(760) 809-5554

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1122 Stewart Avenue