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Listed by Mike McCrady, DRE #01234296 • Michael McCrady, Broker
$ 1,590,000
Est. payment /mo
Pending
1288 W Sacramento Chico, CA 95926
0.54 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRSN26212858
Year Built 2007
Lot Size 0.540 Acres
Source California Regional MLS
Property Description
Prime 8-unit multi-family property located within walking distance of the Chico State campus, dining, and retail. Built in 2007, this well-maintained asset consists of eight 3-bedroom, 2-bathroom townhomes. Each unit features a spacious open-concept living and kitchen area, an attached 1-car garage, and in-unit washer/dryer hookups. Owner-operated since construction, the property reflects true pride of ownership with a pristine exterior, well-conditioned interiors, and manicured landscaping. Boasting a low historical vacancy rate, this turnkey asset delivers a strong 7.4% cash-on-cash return even with below-market rents.
Location
State CA
County Butte
Area 699 - Not Defined
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Gas Hookup, In Garage, 30
Exterior
Parking Features Garage
Garage Spaces 24.0
Pool None
Building
Foundation Concrete Slab
Water District - Public
Others
Tax ID 043280011000
Special Listing Condition Not Applicable
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