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 property’s 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.
Details
MLS #
SN24217204
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1908
Days On Site
683
Listing Provided By
Ryno Company | Michael Lee
Features
SQ Feet
2,489
Story(s)
1
Units
4
Building(s)
4
Zoning
R1
Acreage
0.30
Interior
Cooling
Ductless
Heating
Ductless
Heating Yes / No
Yes
Cooling Yes / No
Yes
Interior Features
Ceiling Fans, Open Floorplan, Walk In Closets
Appliances
Built In Range, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater, Dryer, Washer
Fireplace Yes / No
No
Exterior
Lot Features
Two To Five Units Acre, Near Public Transit, Paved, Rectangular Lot, Street Level
Parking
Parking Features
Gravel, Off Street, Paved
Garage Yes / No
No
Utilities
Sewer
Public Sewer
Location
Community Features
Biking, Street Lights, Sidewalks, Urban
Area Information
State
CA
County
Butte
City
Chico
Zip Code
95926
Sourced by Back At You
MLS#: SN24217204 Listed By: Michael Lee - Ryno Company - 5303432959- ryan@ryanvaught.com
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MLS#: SN24217204 Listed By: Michael Lee - Ryno Company - 5303432959- ryan@ryanvaught.com
