390 White Avenue
Chico, CA 95926
Active for $525,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 12,632 sqft
MLS | SN25015903 |
Year Built | 1979 |
Property Type | Quadruplex |
County | Butte |
Status | Active |
Active | $525,000 |
Structure Size | N/A sqft |
Lot Size | 12,632 sqft |
Beds | N/A |
Baths | N/A |
Description
Welcome to your next great investment! This centrally located four-unit property offers incredible income potential and peace of mind, even with a unit vacant. Each unit is approximately 900 sq. ft, featuring 2 bedrooms and 1 bathroom, and rents for approximately $1,150 per month. With rental income that can cover your mortgage even if one unit is unoccupied, this property is a smart additional to any portfolio! Unit 1 has been recently updated with laminate wood flooring in the kitchen, fresh interior paint, plush carpet, and an updated bathroom featuring a brand-new shower/tub. The other units also feature updates throughout. Beyond rental income, this property includes an on-site laundry room with coin-operated machines, providing an additional revenue stream. On-site parking is available for all tenants, offering added convenience. This property is connected to City Sewer, features a newer roof, and has a history of long-term tenants. Centrally located with easy freeway access, close to schools, shopping and local amenities, this property is a gem that offers both convenience and profitability. Whether you're a seasoned investor or looking to begin building your portfolio, this 4-plex offers a rare opportunity in the heart of Chico! Schedule your showing today and start earning!
Listing information courtesy of: Alisha Simpkins, Keller Williams Realty Chico Area 530-809-3742. *Based on information from the Association of REALTORS/Multiple Listing as of 02/18/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.