570 E 3rd Avenue new Save Request In-Person Tour Request Virtual Tour
Chico,CA 95926
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $362
MLS Listing ID CRSN25102642
Bedrooms 3
HOA Y/N No
Year Built 1948
Lot Size 7,841 Sqft
Acres 0.18
Property Sub-Type OTHER
Property Description
570 E 3rd Avenue is a charming, 3 unit property nestled in the heart of Chico, California. Built in 1956, each 1-bed, 1-bath unit offers contemporary amenities, seamlessly blending timeless mid-century charm with modern functionality for enhanced comfort and versatility. The property presents a compelling opportunity for investors seeking multiple units, proximity to a variety of amenities, and stable rental income. Its convenient location and updated features make it a valuable addition to a diversified real estate portfolio. • PROPERTY OVERVIEW • Total units: Total units: 3 • Unit C was renovated in 2020 and is fully furnished • Unit configurations: 1 bedroom, 1 bathroom • Total bedrooms/bathrooms: 3 beds, 3 baths • Total living area: ~1,800 sq ft • Unit sizes: Ranging from 550 to 650 sq ft • KEY FEATURES • In-unit laundry • Centrally located • Easy access to shopping, dining, and public transportation • Units have private yards • RENTAL INCOME POTENTIAL • Current rental rates are $1,495 per month per unit. • Gross monthly rental income: $4,800 • INVESTMENT HIGHLIGHTS • Full remodel in 2020 with all new plumbing, electrical, spray insulation, mini split HVAC, tankless water heaters, siding • Modern amenities reduce maintenance costs and enhan
Location
State CA
County Butte
Zoning R2
Interior
Cooling Central Air
Fireplace No
Laundry Dryer,Washer
Exterior
Exterior Feature Back Yard,Other
Building
Lot Description Back Yard
New Construction No
Others
Tax ID 003444050000