$2,760,000
Est. payment /mo
6 Beds
4 Baths
0.65 Acres Lot
New
1120 Esplanade 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 SN26142170
Bedrooms 6
Lot Size 0.650 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
OPPORTUNITY KNOCKS! First time on the market in over 25 years! This 2 story, 24 unit apartment complex is a classic charmer, centrally located in the Heart of Chico. As you enter the central courtyard, it is like walking into an oasis, with its' sparkling swimming pool, wrap around balconies, and lush mature landscaping. Situated within walking distance to Chico State University, Downtown, and Chico High School, the Subject Property is also close to public transportation, and has easy freeway access. With a strong rental history, balanced tenant mix, and stabilized market rents, it makes this a great investment opportunity.
Location
State CA
County Butte
Zoning Public Rec
Direction Cross Street: E 1st Ave
Interior
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 003101019000
Acceptable Financing Cash
Listing Terms Cash
Listed by Shawn Smith, DRE#01821530 Commercial Brokers of California
NEARBY SCHOOL & BUSINESS
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