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$1,132,800
Est. payment /mo
7 Beds
5,663 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN25143526
Bedrooms 7
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.
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
Others
Space Rent $6,800
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Listed by Carrie Welch • Capital Rivers Commercial Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "