348 W Sacramento AVE, Chico, CA 95926
$2,900,000
$2,900,000
Est.Price: ?

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0.4 Acres Lot

348 W Sacramento AVE Chico, CA 95926

Est. payment /mo
SOLD DATE : 08/12/2022

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Key Details

Sold Price $2,900,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN22090227

Sold Date 08/12/22

HOA Y/N No

Year Built 1965

Lot Size 0.400 Acres

Property Description

Don't hesitate to act on this solid income-producing asset! Jack Scott Apartments, a 20 unit multifamily property located in the highly desirable heart of Chico, CA. Built in 1965, this property was renovated with new roofing, exterior paint, lighting and energy efficient windows throughout. It features 20 one-bedroom, one-bathroom units that offer updated kitchens and bathrooms. The property consists of two, two story buildings with stucco exteriors arranged in parallel to create a charming community that offers a gated courtyard, onsite laundry, and off-street parking for residents. It's located within immediate walking distance to Chico High School, California State University, Chico and all the parks, shopping and restaurants our lovely downtown has to offer.

Location

State CA

County Butte

Zoning R3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Pool None

Community Features Sidewalks

Total Parking Spaces 20

Private Pool No

Building

Lot Description Front Yard

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 003094017000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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Listed by Steve Depa Re/Max of Chico #00813533
Bought with Steve Depa Re/Max of Chico
Jessica Lam

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