618 Rancheria Drive, Chico, CA 95926
List Price: $650K
Listing Status: Active
0Days on Market: 2
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1965
Lot Size: 8,276 sq ft
Private Pool: Yes
MLS Number: SN26126309
About This Property
Located in the heart of Chico, this well-positioned four-unit multifamily property presents an attractive investment opportunity with strong rental demand and a highly desirable unit mix. The property consists of four spacious two-bedroom, one-bathroom units, each approximately 765 square feet, offering residents comfortable living accommodations while providing investors with stable income potential. The property's prime location is a significant advantage, situated just 0.2 miles from California State University, Chico and approximately 0.8 miles from Chico High School. This strategic positioning supports consistent tenant demand from both the student population and the broader Chico rental market. This desirable location, versatile unit mix, and strong occupancy fundamentals, this property offers investors the opportunity to acquire a well-located multifamily asset in one of Northern California's most established university communities.
Listing provided by: Matt Depa DRE #01861484 916-804-8046 matt.depa@capitalrivers.com, Capital Rivers Commercial Inc
Source: CRMLS, MLS #: SN26126309
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.