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1826 Magnolia — Chico — 2 Beds • 1 Bath • 983 Sq Ft | Belmont Brokerage

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$354,500

$361/ft²

1826 Magnolia, Chico, CA 95926

Property Description

This darling avenues home blends comfort and character beautifully with many modern upgrades including: new dual pane windows, new city sewer line, new electrical panel, new water line, new ductless mini split heating and air, and a modern kitchen with a dishwasher! A rarity for homes situated in the avenues! From the moment you pull up to this home, you will appreciate the freshly painted exterior and the fact that his home offers an attached garage. Another uncommon and coveted characteristic! Inside you will appreciate oak hardwood floors, a generously sized living room, and a dining nook off the main living area that flows to the updated kitchen. The kitchen is beautifully updated with quartz countertops and tile backsplash, stainless steel kitchen sink and appliances, spacious countertops, and a beautifully designed matching pantry for extra kitchen storage. Just off the kitchen area is a slider that leads to the beautifully designed and fully irrigated backyard which has a space for everything--sunny gardening and shady relaxation! The first bedroom boasts a beautiful design with bead board wainscoting and rich timeless paint scheme. The second bedroom is generously sized. Each bedroom has a closet. The layout of this home flows beautifully and makes the most of humble square footage. The bathroom is sandwiched between the two bedrooms and easily accessible from the main common areas. It's incredibly rare to find a Chico charmer that offers so many improvements alongside tasteful updates! Minutes to downtown, Enloe hospital, Chico High, and the Esplanade! Don't let this home pass you by!

Listing provided by: Sabrina ChevallierDRE #01958458530-896-9300 Sabrinaloveschico@gmail.com, Re/Max of Chico

MLS #: SN26172728

FLIP & EXPANSION SIMULATORHIGH RISK / NEGATIVE

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

-$38K

-13.6% ROI

Rehab + Add$183K

Est. ARV$525K

Est. Profit-$38K

Proj. ROI-14%

Sqft to Add (Expansion / ADU)+250 sqft (1,233 total sf)

Remodel Rate (Existing Space)$140/sqft ($138K total)