Description
Exceptional four-unit investment property in a sought-after neighborhood near csu, chico!
located at 1122 stewart ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio.
all four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. the property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage.
tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining.
located close to chico state university, local shops, dining, and public transportation, this property is in a prime rental location. the consistent demand for housing in this area, along with the property’s strong rental history, makes it a wise investment with immediate income potential.
key features:
• 4 units with functional layouts
• prime location near chico state, shopping, and dining
• strong rental history with excellent income potential
• off-street parking and shared outdoor spaces
• ideal for investors seeking stable, long-term returns
• potential to add an additional unit at the rear of the property (utilities already trenched)
• recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms
• new mini split air conditioning (3 years old) in each unit
• washer and dryer in all units except unit 2
whether you're looking for a property with reliable rental income
or a low-maintenance addition to your investment portfolio, 1122 stewart ave is the perfect choice.
mortgage may be transferable at discretion of lender.
please do not disturb tenants. no showings without an accepted offer.
Property Type
Residential IncomeCounty
ButteStyle
Residential IncomeAD ID
47404493
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Ceiling Fan(s),Open Floorplan,Walk-In Closet(s)
- Property Appliances: Built-In Range,Dishwasher,Gas Oven,Microwave,Refrigerator,Water Heater,Dryer,Washer
- Fireplace: None
- Flooring: Laminate
Cooling Features
- Ductless
- Air Conditioning
Heating Source
- Ductless
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1908
- Building Area Total: 2,489
Pool Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3
- Lot Size Source: Assessor
- Lot Size Square Feet: 13068
-
Listing Information
Listing Price Information
- Original List Price: 1,049,000
- Listing Contract Date: 2024-10-17
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 043241016000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Gravel,Off Street,Paved
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Directions: From Hwy 32, turn left on Stewart, property is on the right.
- Zoning: R1
- Source Property Type: Residential Income
- Property SubType: Quadruplex
Building and Construction
- Property Age: 116
- Common Walls: No Common Walls
- Property Condition: Turnkey
- Structure Type: Quadruplex
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: Front
- Levels or Stories: One
- Building Total Stories: 1
Statistics Bottom Ads 2
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BuyOwner last updated this listing 11/21/2024 @ 16:01
- MLS: SN24217204
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 10 bedrooms which is for sale, it has 2,489 sqft, 13,068 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Chico , in zip code 95926, this Butte County Home are nearby neighborhoods.