997 E 16th, Chico, CA 95928
997 E 16th, Chico, CA 95928
997 E 16th, Chico, CA 95928
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Elite Real Estate Group

Elite Real Estate Group

$989,000
Est. payment /mo
0.83 Acres Lot
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26099676

HOA Y/N No

Year Built 1962

Lot Size 0.830 Acres

Property Sub-Type Single Family Residence

Property Description

Investment opportunity with three separate homes situated on .83-acre lot offering significant future potential. Explore the possibility of adding additional ADUs and potential lot split options (buyer to investigate and confirm with city/county planning departments). Perfect setup for rental income, multigenerational living, or phased development. Existing homes provide immediate usability while future improvements create substantial upside. Rare combination of current cash flow and future expansion opportunity.

Location

State CA

County Butte

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Landscaped

Story 1

Entry Level One

Sewer Septic Tank

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 005422020000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Matt Depa Capital Rivers Commercial Inc 530-514-6288, DRE #01861484

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Elite Real Estate Group

Elite Real Estate Group

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997 E 16th