CA > Chico
Chico, CA 95926,1825 Magnolia AVE
Chico, CA 95926,1825 Magnolia AVE
Chico, CA 95926,1825 Magnolia AVE
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Elite Real Estate Group

Elite Real Estate Group

$620,000
Est. payment /mo
9,147 Sqft Lot
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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN25106299

HOA Y/N No

Year Built 1960

Lot Size 9,147 Sqft

Property Sub-Type Apartment

Property Description

Don't miss this prime investment opportunity! This distinctive multi-unit property is brimming with potential and ready for the right investor to seize the moment. Ideally located just steps from the heart of the Avenues and in close proximity to Enloe Medical Center, this all-original five-unit gem offers a rare blend of location, charm, and flexibility. With five units thoughtfully distributed across three separate buildings, this property is perfect for a variety of rental strategies. A spacious, shared courtyard serves as a welcoming communal area—ideal for relaxing, gathering, and enjoying the outdoors. Some of the units includes its own in-unit laundry, a convenience that adds major value for tenants and enhances rental appeal. Positioned in a sought-after neighborhood known for steady rental demand, this property promises both immediate income and long-term growth potential. Whether you're looking to update and modernize or maintain its original character, the opportunities here are limitless. Secure your next smart investment today and watch your portfolio thrive!

Location

State CA

County Butte

Zoning R1

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Inside, See Remarks

Exterior

Parking Features Off Street

Pool None

Community Features Urban

View Y/N Yes

View Neighborhood

Roof Type Composition

Private Pool No

Building

Lot Description Back Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 003613009000

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Matt Depa • Re/Max of Chico • 530-896-9300

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Elite Real Estate Group

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1825 Magnolia AVE