533 Orange Street, #1

Chico, CA 95928

PRICE REDUCED

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-$175,000 (-6.48%)

$2,525,000

List Price

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Property Description

Welcome to Portland Place, a meticulously crafted, 2014-constructed multifamily property located in the heart of Chico, CA. The community consists of (8) large, three-bedroom three-bathroom floor plans with approximately 1,346 square feet each. Each unit is equipped with a full size washer and dryer, attached garage, private balcony and climate controlled heating and air conditioning. The combination of these interior/exterior attributes resulted in the reputable "AEP Span Project of the Year" award in 2015 for its design, color, and contribution to the university community. Portland Place provides a new owner the opportunity to acquire truly unique, pride-of ownership asset with an attractive going-in yield.

Listing Information

List Price $2,525,000
Status Active
MLS SN24208979
Type Residential Income
Subtype Townhouse
Year Built 2014
Lot Size 17,860
Structure Size N/A
DOM 27
Courtesy Of Alive Commercial Real Estate
Listing Agent Spencer Moyer DRE#01940191

Interior Features

Laundry Information
Location(s) In Garage
Total Bedroom
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Flooring Information
Material Carpet, Laminate, Vinyl
Fireplace Information
Features None
Additional Information
Additional Features Multiple Staircases
Cooling Type
Cooling Type Central Air, Dual

Exterior Information

Maps

Listing information courtesy of: Spencer Moyer, Alive Commercial Real Estate 9168854205. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 4th, 2024 at 7:39 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.