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1166 Hobart ST Chico, CA 95926
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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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