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Listed by: Spencer Moyer (916) 885-4205 DRE #01940191 | Alive Commercial Real Estate (916) 314-7005
$1,050,000
8 Beds
- 4 Baths
--sqft
703 W 2Nd, Chico, CA 95926
$1,050,000
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Quadruplex
Built in 1983
$-- HOA
19,602 sqft lot
--/sqft
Description
Welcome to 4 Lanterns apartments, a fantastic multifamily opportunity in Chico, CA. Built in 1983, this low-density community sits on a large 0.45 acre lot and features (4) spacious four-bedroom, two-bathroom floor plans with approximately 1,200 square feet each. The property is fully leased with (3) of the units leased "by the bedroom" to students attending California State University, Chico and (1) unit on a standard lease. Current average rents are $2,090 per unit, demonstrating the high demand for quality affordable housing. Just blocks from California State University, Chico and Enloe Hospital, the property benefits from a diverse tenant base of both students and non...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1983
HOA Fees
-
Finished Area
- sqft
Lot Size
19,602 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SN25249748
MLS Status
Active
Days on Market
37
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