719 Chestnut ST #1, Chico, CA 95928
$2,360,000
$2,550,000
7.5%
Est.Price: ?

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7,840 Sqft Lot

719 Chestnut ST #1 Chico, CA 95928

Est. payment /mo
SOLD DATE : 05/26/2023

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Key Details

Sold Price $2,360,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN23049947

Sold Date 05/26/23

HOA Y/N No

Year Built 2019

Lot Size 7,840 Sqft

Property Sub-Type Apartment

Property Description

Attention all investors! Are you looking for top-notch student property near CSU,Chico in the heart of downtown Chico? Look no further than this amazing income property, with not one, not two, but three buildings spread across two lots— For a whopping total of 24 bedrooms and 16 bathrooms! There's 2 units in each building; with one building featuring 2 newer construction 4bed/4 bath units— That's 6 upgraded units! Complete with granite counters, wood style plank flooring, and stainless appliances. 4 units are furnished with mini split heat/ac; great for roommates, so they can control the temperature in their own personal space. Plus tenants love the conveinence of having a washer/dryer in unit. All of this, within a stone's throw of local bus routes and just a hop, skip, and jump away from everything downtown has to offer, including CSU Chico, delicious eateries, and an array of shopping and convenience stores.

Location

State CA

County Butte

Zoning R3

Interior

Fireplaces Type None

Fireplace No

Laundry Inside, Laundry Closet

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 004274016000

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 530-514-6288, DRE #00813533
Bought with Ralph Norton Rodeo Realty
Jessica Lam

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