618 Rancheria DR, Chico, CA 95926
618 Rancheria DR, Chico, CA 95926
618 Rancheria DR, Chico, CA 95926
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Listed by Matt Depa, DRE #01861484 • Capital Rivers Commercial Inc
$650,000
Est. payment /mo
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8,276 Sqft Lot
Active

618 Rancheria DR Chico, CA 95926

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSN26126309

Year Built 1965

Lot Size 8,276 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

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.

Location

State CA

County Butte

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry None

Exterior

Pool None

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 043180025000

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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618 Rancheria DR