Income-Producing 4-Unit Property Near CSU Chico Located in a prime, centrally situated neighborhood just minutes from CSU Chico, this fully leased, income-generating property offers a fantastic investment opportunity. The property consists of four well-maintained units, plus billboard income, including: Two Identical 2-Bedroom, 1-Bath Units: Built in 2022, these spacious, modern units feature open-concept living areas, sleek finishes, and contemporary design elements. Perfect for tenants seeking comfort and convenience, each unit offers two bedrooms, one bathroom, dishwasher, stacked laundry, covered front/rear patios and plenty of storage space. The Duplex, with Mirrored Studio Floor Plans: Full gut and remodeled in 2022. This charming duplex offers two studio units with identical layouts, each designed for efficiency and style. Ideal for students, professionals, or short-term rentals, these units feature modern amenities and easy-to-maintain living spaces. Billboard Lease Income: An additional source of revenue is provided by the on-site billboard lease, adding even more potential for passive income. With its desirable location near CSU Chico, shopping, and grocery stores, this property offers both a steady cash flow and long-term investment potential. Built in 2022 with modern highlights throughout, including stainless steel appliances, quartz countertops, and energy-efficient systems, this property is as stunning as it is functional. Don't miss out on this rare opportunity to own a versatile, high-demand rental property in a thriving area! Key Features: 4 units: 2 x 2-bed, 1-bath and 2 x mirrored studio floor plans. Billboard lease for additional income. Centrally located near CSU Chico, shopping, and dining. High rental demand area with solid cash flow potential. Perfect for investors or those seeking a property with multiple income streams.
PLEASE DO NOT DISTURB THE PROPERTY OR BUSINESS OWNER DURING BUSINESS HOURS WITH INTENT OR QUESTIONS REGARDING THE SALE OF ODYSSEY ESTATES. ODYSSEY ESTATES, THE PROPERTY, IS FOR SALE. ODYSSEY WINERY, THE BUSINESS, IS NOT INCLUDED IN THE SALE. ODYSSEY ESTATES is a BREATHTAKING 7-acre gated and fenced property, meticulously designed to leave a lasting impression from the moment you enter. A striking concrete fountain greets you at the entrance, setting a sophisticated tone for the entire estate. Currently operating as a versatile event venue and winery, this unique property offers limitless possibilities for its future owner, whether you're envisioning grand weddings, intimate private parties, or large public events. The estate is home to 18 rows of thriving Cabernet Sauvignon grapes, providing the potential for a variety of ventures. Alternatively, ODYSSEY ESTATES could be transformed into a private family compound, with the expansive event parking area offering the perfect space to build your dream workshop or additional structures. This captivating estate boasts over 4,300 square feet of retail and entertainment space, making it an ideal investment for those seeking a multi-functional venue. Additionally, the estate features a stunning 2,800-square-foot event room, designed to host large gatherings, from weddings and private parties to corporate events. The high ceilings throughout both spaces create an open, grand atmosphere, enhancing the estate's charm and appeal. A beautifully designed balcony overlooks the main entryway, adding an elegant touch to the venue, while providing a picturesque setting for guests. One of the estate’s most charming features is its established pumpkin venue, which draws in crowds during the vibrant month of October. The property also includes a delightful 2-bedroom, 2-bath living quarters that offers flexible living options. Whether you choose to live there, use it as a short-term stay, house staff or caretakers, or offer it as a long-term rental, this space adds significant versatility to the estate. For those moments of relaxation, Odyssey Estates features a serene pond surrounded by comfortable lounge chairs. Here, you can unwind while listening to the gentle croaking of frogs, enhancing the tranquil and peaceful ambiance that defines this extraordinary property. With its impressive design and array of features, ODYSSEY ESTATES is a rare find, offering endless potential for both personal enjoyment and business ventures!
2 homes on one lot, owner may carry, Barber neighborhood, front house has new roof and R-30 insulation in attic. Each unit has own separate yard. property is fenced. Sprinklers on timer for front and back units. Owner will continue to work on property (see supplements) until it sells. Minor fix up to finish it up. Owner is licensed real estate agent. Owner is currently living in the front property and thinks it might rent for $1800 per month.
Courtesy: Parkway Real Estate Co.
Courtesy: Keller Williams Realty Chico Area
Close to downtown. 4 unit multifamily property built in 1984 The property has 3 three bedroom one bath and 1 2bedroom 1 bath flats. Each are 873 sq ft. Each have washer and dryer hook ups. Each unit has Range, Frig and Dishwasher. Each has patios. The building is stucco exterior with a composition roof. Off street parking. Long term tenants.
Chico is located in California. Chico, California has a population of 103,898. Chico is more family-centric than the surrounding county with 27.86% of the households containing married families with children. The county average for households married with children is 26.57%.
The median household income in Chico, California is $60,507. The median household income for the surrounding county is $59,863 compared to the national median of $69,021. The median age of people living in Chico is 30.3 years.
The average high temperature in July is 94.4 degrees, with an average low temperature in January of 36.9 degrees. The average rainfall is approximately 27.8 inches per year, with 0.1 inches of snow per year.
