1288 W Sacramento, Chico, CA 95926

$1,590,000

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Listed by Mike McCrady, 530-321-3726 from Michael McCrady, Broker
(If provided) CoList: from

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List Price: $1,590,000
MLS#: CRSN26212858
Status: PENDING (DO NOT SHOW)
Lot Size: 23,522
Listing Area: 699 - Not Defined
Year Built: 2007

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Property Description

Prime 8-unit multi-family property located within walking distance of the Chico State campus, dining, and retail. Built in 2007, this well-maintained asset consists of eight 3-bedroom, 2-bathroom townhomes. Each unit features a spacious open-concept living and kitchen area, an attached 1-car garage, and in-unit washer/dryer hookups. Owner-operated since construction, the property reflects true pride of ownership with a pristine exterior, well-conditioned interiors, and manicured landscaping. Boasting a low historical vacancy rate, this turnkey asset delivers a strong 7.4% cash-on-cash return even with below-market rents.

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Additional Information

Cooling System: Central AC
Foundation: Concrete Slab
Garage Parking: Garage
Heating System: Central Forced Air
Laundry Facilities: Gas Hookup, In Garage, 30
Lot Size: 23,522
Neighborhood: 699 - Not Defined
Pool Description: None
Unincorporated Yn: Yes

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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.