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$ 1,132,800
Est. payment | /mo
7 Beds
$ 1,132,800
Est. payment | /mo
7 Beds
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN25143526
Bedrooms 7
Property Sub-Type Res Income 2-4 Units
Property Description
544 W 3rd Street, Chico, CA offers a fully-leased multi-tenant investment opportunity one block from California State University, Chico. Known as the Stumble House, this property spans three levels including a finished basement with separate entrance. It features original Douglas fir flooring, built-in elements, and vintage charm. Part of the Language Houses group, the building has a stable rental history with consistent annual increases and early pre-leasing. Amenities include in-unit washer and dryer and off-street parking. The asset operates at a 5.5% cap rate with solid cash flow and can be purchased with 536 W 3rd St.
Location
State CA
County Butte
Zoning Public Rec
Direction Corner of W 3rd & Hazel
Interior
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 004047013000
Listed by Carrie Welch Capital Rivers Commercial Inc