1166 Hobart ST, Chico, CA 95926
$1,000,000
$990,000
1.0%
Est.Price: ?

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9,583 Sqft Lot

1166 Hobart ST Chico, CA 95926

Est. payment /mo
SOLD DATE : 01/31/2023

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Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN22243269

Sold Date 01/31/23

HOA Y/N No

Year Built 1983

Lot Size 9,583 Sqft

Property Sub-Type Quadruplex

Property Description

1166 Hobart Street is a turn-key fourplex ideally located in the heart of Chico, CA. Most notably, the property is walking distance to CSUC (0.5 miles) and Enloe Hospital (0.4 mi), allowing for flexibility in student and non student rental demand. The building is comprised of (four) four-bedroom, two-bathroom floor plans boasting 1,363 SF each with sizable back yards. The property's strong operating history, recent capital improvements and below market rents will allow a new owner the ability to take ownership of a turn-key building and move rents to market without the headache of major renovations. Contact listing agent for full offering memorandum.

Location

State CA

County Butte

Zoning R3

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Uncovered

Pool None

Community Features Biking, Foothills

Private Pool No

Building

Lot Description 11-15 Units/Acre, Back Yard

Story Two

Entry Level Two

Sewer Unknown

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 003054005000

Energy Description 252.0

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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Listed by Spencer Moyer Alive Commercial Real Estate #01940191
Bought with Wren Jones Parkway Real Estate Co.
Jessica Lam

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