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739 W 3rd ST Chico, CA 95928
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Key Details
Sold Price $950,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN22217021
Sold Date 04/06/23
HOA Y/N No
Year Built 1908
Lot Size 3,484 Sqft
Property Description
Rare opportunity to own a 5-unit boutique multi-family property located in the most prime student housing neighborhood that Chico has to offer. Student properties that are located from West 2nd St. to West 5th St and from Normal St. to Orange St., this area makes up what is called the “Golden Rectangle” of Chico student housing. This is the most in-demand location for student housing and thus offers the highest income potential in the area. This property offers the easiest walk to Chico State, Historic Downtown Chico, the best college bar in America; Rileys Bar, multiple fraternities & sororities, fantastic local restaurants, coffee shops, and the location for both Thursday and Saturday Farmer's Markets. Many students live in this neighborhood and don't need a car because they can walk and bike almost anywhere that they need to go. It's almost 100% student housing, but the advantages are that you have a constant steady flow of renters. The current owner just completed an extensive remodel of the larger three-bedroom, one-bath unit in September of 2022. This remodel was complete with new paint, flooring, countertops, HVAC system, fixtures, and more. The three-bedroom is the newest of the remodeled units, but the entire property has been well-maintained and is ready for its new owners. Call your favorite realtor and set up a tour!
Location
State CA
County Butte
Zoning CITY
Interior
Interior Features Ceiling Fan(s), Granite Counters, High Ceilings, Laminate Counters, Recessed Lighting, Storage, Bedroom on Main Level, Jack and Jill Bath
Heating Forced Air, Wall Furnace
Cooling ENERGY STAR Qualified Equipment, High Efficiency, Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Water Heater
Laundry Common Area
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features Concrete, Driveway Level, Driveway, On Street, Uncovered
Fence Chain Link
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities
View Y/N Yes
View Neighborhood
Roof Type Composition
Total Parking Spaces 2
Private Pool No
Building
Lot Description Level, Near Public Transit, Rectangular Lot, Street Level, Trees, Walkstreet, Yard
Story 2
Entry Level Two
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 004121002000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Seller Financing
Special Listing Condition Standard
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Bought with Ken Winslow Re/Max of Chico
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