626 W 1st Avenue, Chico, CA 95926  

Located only a few blocks from Chico State University, this nice, clean 16 unit building is currently 100% occupied and has solid history of nearly zero vacancy. The quiet and private design with center courtyard, plenty of off-street tenant parking, onsite laundry room and the functionally designed units add to the desirability of the property from not only an ownership perspective, but also from the tenant base as well. The location also provides tenants with easy walking or biking to many restaurants, a large grocery center and downtown Chico, in addition to the University. The continued strength of the Chico rental market means there is significant upside for rents, making this is an incredible opportunity to add a quality property to your portfolio. **OWNER WILL FINANCE WITH VERY REASONABLE TERMS FOR QUALIFIED INVESTORS**

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  • Listing Type Multi-Family
  • Listing ID SN19216306
  • Lot Size 0.76 acres
  • Listing Status Active
  • Year Built 1966
  • County Butte County
  • Floors 2
  • Units 16
  • Zoning R3
  • TaxID 043170022000
Listing courtesy of Dan Bosch~RE/MAX Of Chico

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