544 W 3rd Street new Save Request In-Person Tour Request Virtual Tour
Chico,CA 95928
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN25143526
HOA Y/N No
Lot Size 5,663 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
544 W 3rd Street, Chico, CA offers a fully-leased multi-tenant investment opportunity one block from California State University, Chico. Known as the Stumble House, this property spans three levels including a finished basement with separate entrance. It features original Douglas fir flooring, built-in elements, and vintage charm. Part of the Language Houses group, the building has a stable rental history with consistent annual increases and early pre-leasing. Amenities include in-unit washer and dryer and off-street parking. The asset operates at a 5.5% cap rate with solid cash flow and can be purchased with 536 W 3rd St.
544 W 3rd Street, Chico, CA offers a fully-leased multi-tenant investment opportunity one block from California State University, Chico. Known as the Stumble House, this property spans three levels including a finished basement with separate entrance. It features original Douglas fir flooring, built-in elements, and vintage charm. Part of the Language Houses group, the building has a stable rental history with consistent annual increases and early pre-leasing. Amenities include in-unit washer and dryer and off-street parking. The asset operates at a 5.5% cap rate with solid cash flow and can be purchased with 536 W 3rd St.
Location
State CA
County Butte
Area Chico (95928)
Zoning Public Rec
Interior
Cooling Central Forced Air,Wall/Window
Building
Lot Description Corner Lot,Sidewalks
Story 3
Lot Size Range 4000-7499 SF
Level or Stories 3 Story