1152 Magnolia AVE Active

Chico,CA 95926

$ 1150000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN24101772

HOA Y/N No

Year Built 1978

Lot Size 10,018 Sqft

Property Description

This investment opportunity in Chico presents a prime location near Chico State University, Enloe Hospital, Downtown Chico, and various shopping centers, making it highly desirable for renters. The property features five-units with a charming single-family residence at the front and a four-unit apartment building towards the back. The front home features three bedrooms and two bathrooms, with a beautifully updated interior that includes granite countertops, white cabinets, stainless steel appliances, and durable LVP flooring throughout. The living room is cozy with a fireplace, and there's a private washer and dryer for convenience. The four-unit apartment building, located down the walkway, features spacious three-bedroom, one-bathroom units. Each apartment offers a private balcony or patio, providing outdoor space for tenants. The units also feature roomy living areas, fully equipped kitchens, and a quaint dining nook. An on-site laundry room adds to the convenience for residents. This property's location ensures high demand, particularly from students attending Chico State and healthcare professionals working at Enloe Hospital. With its proximity to downtown and shopping centers, tenants will enjoy easy access to dining, entertainment, and retail options.

Location

State CA

County Butte

Zoning R3

Interior

Interior Features Ceiling Fan(s)

Heating Central,Wall Furnace

Cooling Central Air,Wall/Window Unit(s)

Flooring Laminate,Vinyl

Fireplaces Type Living Room

Fireplace Yes

Laundry Common Area

Exterior

Garage On Site,Off Street

Pool None

Community Features Curbs,Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Composition

Private Pool No

Building

Lot Description Front Yard,Landscaped

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 003093014000

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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