2244 Elm, Chico, CA 95928
List Price: $450K
Listing Status: Active
0Days on Market: 6
4 Bedrooms · 2 Bathrooms · 1,906 sq ft
Property Type: Residential
Year Built: 1947
Lot Size: 12,196.8 sq ft
Private Pool: Yes
MLS Number: SN26113562
About This Property
Investor opportunity with built-in income potential! Situated on two lots, this unique property offers endless possibilities for investors or first-time buyers looking to offset their mortgage with rental income. The main home is vacant, turnkey, and move-in ready, featuring 2 bedrooms, 1 bathroom, updated laminate flooring, fresh interior paint, a bonus office space, indoor laundry, and a cozy kitchen with a breakfast nook. There is a long driveway for off-street parking, a newer roof, and a newer HVAC system. Behind the main house is 2242 Elm, a second 2-bedroom, 1-bathroom home with a bonus room or office that is currently tenant-occupied, providing immediate rental income. The additional vacant lot offers even more potential — create a large garden, add RV parking, or explore the possibility of building additional homes to maximize investment income (plans have been drawn up for a 3/2 and 2/1). Conveniently located near downtown, freeway access, shopping, and everyday amenities, this versatile property is packed with opportunity!
Listing provided by: Wren Jones DRE #02017208 530-592-3432 wrennjones@yahoo.com, Parkway Real Estate Co.
Source: CRMLS, MLS #: SN26113562
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.