Open layoutsQuartz countertopsStainless steel appliancesIn-unit laundryTwo updated studio unitsCovered patios
Turnkey 4-Unit Investment Near CSU Chico
Located just minutes from California State University, Chico, this fully leased property offers strong, reliable income with added upside. Built and remodeled in 2022, it features two modern 2BD/1BA units with open layouts, quartz countertops, stainless steel appliances, in-unit laundry, and covered patios, plus a duplex with two updated studio units.
An on-site billboard provides additional passive income, enhancing overall returns. With its central location near shopping, dining, and campus, the property benefits from consistent rental demand.
Highlights:
4 units: 2 x 2BD/1BA + 2 studios
Built/remodeled in 2022
Billboard income
Prime Chico location with strong cash flow potential
A clean, low-maintenance investment in a high-demand area.
98 days
|
304
|
16
|
Zillow last checked:
Listing updated:
Listed by:
Eric StofaDRE #01904078530-228-9203,
Parkway Real Estate Co.
Source: CRMLS,MLS#: SN26075294Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Rooms
Room types: Kitchen, Living Room
Heating
Ductless
Cooling
Ductless
Appliances
Included: Dishwasher, Electric Range, Gas Range, Ice Maker, Microwave, Tankless Water Heater, Water To Refrigerator, Water Heater
Laundry: Inside
Features
Ceiling Fan(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting
Flooring: Vinyl
Windows: Double Pane Windows
Common walls with other units/homes: 1 Common Wall
Interior area
Total structure area: 2,598
Total interior livable area: 2,598 sqft
Property
Parking
Total spaces: 7
Parking features: Gravel, On Site, Private
Uncovered spaces: 7
Features
Levels: One
Stories: 1
Entry location: 1
Exterior features: Lighting, Rain Gutters
Pool features: None
Spa features: None
Fencing: Wood
Has view: Yes
View description: Neighborhood
Lot
Size: 9,148 Square Feet
Features: Back Yard
Details
Parcel number: 043290137000
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Contemporary,Modern
Property subtype: Quadruplex
Attached to another structure: Yes
Materials
Drywall, Stucco, Wood Siding
Foundation: Concrete Perimeter, Slab
Roof: Composition
Condition
Turnkey
New construction: No
Year built: 2022
Utilities & green energy
Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
Features: Curbs, Gutter(s), Street Lights, Sidewalks, Urban
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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