1318 Salem, Chico, CA 95928

Property Description

Exceptional investment opportunity in Chico’s highly sought-after Barber District. This beautifully restored property offers two homes on one lot, seamlessly blending timeless architectural charm with thoughtful modern upgrades. The front residence showcases soaring ceilings, elegant crown molding, and rich hardwood flooring throughout. The spacious 3-bedroom, 2-bath layout is enhanced by granite countertops, custom Oakridge cabinetry, and quality finishes that elevate everyday living. A full basement provides additional versatility, while extensive improvements — including updated electrical, plumbing, and an energy-efficient HVAC system — offer both comfort and peace of mind. Privately positioned at the rear of the property, the recently built 2-bedroom, 1-bath home features its own patio retreat, creating a desirable and independent living space. Currently generating $4,265. per month in gross income, this is a rare opportunity to own a character-rich property with immediate cash flow in one of Chico’s most desirable neighborhoods.