Property Details
About this Property
Colliers is pleased to present the sale offering of a 7-unit multifamily property located at 541 W 5th Street in Chico, California. The community is comprised of two buildings built in 1930 and sits on a 0.13-acre parcel in the heart of Downtown. 541 W 5th Street offers off-street parking and on-site laundry for its residents. A new owner will be able to further enhance the complex by implementing an interior renovation strategy and raising rents over time. Additionally, a new owner can capitalize from implementing a RUBS program to help cover a portion of any common area utility expenses typically paid by the landlord. The Ratio Utility Billing System (RUBS) has been increasingly common over the past several years and will help bolster investor returns.
MLS Listing Information
MLS #
ME225078824
MLS Source
MetroList Services, Inc.
Days on Site
28
Interior Features
Flooring
Varies by Unit
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Foundation
Slab
Style
Victorian
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Elementary District
Chico Unified
High School District
Chico Unified
HOA Fee
$0
Zoning
N/A
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 7 | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 500 | 9 | 7/0 | $1,200 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
541 W 5th St is a Residential Income in Chico, CA 95928. This 0 square foot property sits on a 5,663 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $799,000 and was built in –. This address can also be written as 541 W 5th St, Chico, CA 95928.
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This listing information is up-to-date as of June 20, 2025. For the most current information, please contact Matthew Sarro, (916) 616-5267
