Home | Butte County | Chico | 95926 | 1145 Magnolia Ave
MLS: CRSN23165490 | Status: Sold | Price: $775,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 11,761 | 2001 |
RARE INVESTMENT OPPORTUNITY LOCATED IN THE HEART OF CHICO!!! 4 WELL MAINTAINED UNITS WITH GREAT POSITIVE CASH FLOW! YOU MIGHT WANT TO LIVE IN ONE AND LET YOUR TENANTS PAY YOUR MORTGAGE! OR MAYBE YOU HAVE A STUDENT AT CHICO STATE? You can actually see Enloe Hospital right down the tree-lined road from the property and it's just a quick walk to Chico State University two blocks away! The property has a great history of always being rented from professionals to students. The first home (unit 1) is a charming 1925 Bungalow, 3 Bed/1.5 Baths (1142 sq ft), covered front porch, original hardwood floors throughout, gorgeous built-in hutch in the dining room, large basement and front yard even has white picket fencing. There is convenient Laundry Room with sink located in the back of the unit. In between the 1st home and 2nd home is a shared, expanded entertaining patio, where people can be found enjoying themselves and BBQing! Second Home (Unit 2) is 4 Bed/2 Bath (1552 sq ft.) built in 2001. This home was finished with Hardiplank siding, had a roof replacement in 2017, flooring replaced with luxury vinyl planking, indoor Washer/Dryer area and tons of storage space in kitchen/baths. Units 3 & 4 are located in the 3rd Dwelling and was also built in 2001 with similar
| Field | Value |
|---|---|
| MLS # | CRSN23165490 |
| MLS Source | California Regional MLS |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Other, Oven Range - Gas, Dryer, Washer |
| Flooring | Other |
| Cooling | Central Forced Air, Central Forced Air - Electric, Window/Wall Unit |
| Heating | Central Forced Air, Electric, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Combination, Raised, Slab |
| Pool | None |
| Style | Bungalow, Traditional |
| Feature | Details |
|---|---|
| Garage/Parking | Off-Street Parking, Other, Garage: 0 Car(s) |
| HOA Fee | $0 |
Lora Trenner
Re/Max Home and Investment
License #: 01959391
Phone: (530) 872-5880
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 573 | – | 0/0 | – |
| 2 | 1,142 | – | 0/0 | – |
School data provided by GreatSchools.org
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This listing information is up-to-date as of December 10, 2023. For the most current information, please contact Lora Trenner, (530) 872-5880.