1152 Magnolia Avenue, Chico, CA 95926

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Property Description

This investment opportunity in Chico presents a prime location near Chico State University, Enloe Hospital, Downtown Chico, and various shopping centers, making it highly desirable for renters. The property features five-units with a charming single-family residence at the front and a four-unit apartment building towards the back. The front home features three bedrooms and two bathrooms, with a beautifully updated interior that includes granite countertops, white cabinets, stainless steel appliances, and durable LVP flooring throughout. The living room is cozy with a fireplace, and there's a private washer and dryer for convenience. The four-unit apartment building, located down the walkway, features spacious three-bedroom, one-bathroom units. Each apartment offers a private balcony or patio, providing outdoor space for tenants. The units also feature roomy living areas, fully equipped kitchens, and a quaint dining nook. An on-site laundry room adds to the convenience for residents. This property's location ensures high demand, particularly from students attending Chico State and healthcare professionals working at Enloe Hospital. With its proximity to downtown and shopping centers, tenants will enjoy easy access to dining, entertainment, and retail options.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Laminate, Vinyl
Interior Information
Features Ceiling Fan(s)
Cooling Type Central Air, Wall/Window Unit(s)

Listing Information

Address 1152 Magnolia Avenue
City Chico
State CA
Zip 95926
County Butte
Listing Agent John Barroso DRE #01434090
Courtesy Of Parkway Real Estate Co.
List Price $1,150,000
Status Active
Type Residential Income
Subtype Single Family Residence
Structure Size N/A
Lot Size 10,019
Year Built 1978

Listing information courtesy of: John Barroso, Parkway Real Estate Co.. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 7th, 2024 at 10:20 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.