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About the Listing CHVAUGH - SN157012050
Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the property’s strong rental history, makes it a wise investment with immediate income potential. Key Features: • 4 units with functional layouts • Prime location near Chico State, shopping, and dining • Strong rental history with excellent income potential • Off-street parking and shared outdoor spaces • Ideal for investors seeking stable, long-term returns • Potential to add an additional unit at the rear of the property (utilities already trenched) • Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms • New mini split air conditioning (3 years old) in each unit • Washer and dryer in all units except unit 2 Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender. Please do not disturb tenants. No showings without an accepted offer.
Listing Highlights for 1122 Stewart Ave
Status
Active
Days on Site
320
Property Type
Multi-Family
MLS ®
SN24217204
Year Built
1908
Total Square Footage
2,489
Lot/Acreage
0.3
County
Butte
Interior Details
- Bedrooms: 10
- Bathrooms: 4 Full
- Appliances: Built-In Range, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater
- Air Cond: Ductless
- Heating: Ductless
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Open Floorplan
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,Level with Street,Rectangular Lot,Near Public Transit,Paved,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: R1
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Gravel,Paved,Off Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 043241016000
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1122 Stewart Ave Chico, CA 95926
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