Chico, CA 95926,1252 Warner Street
Chico, CA 95926,1252 Warner Street
Chico, CA 95926,1252 Warner Street
$1,175,000
Est. payment /mo
$1,150,000
2.2%
Est.Price: ?

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4 Baths
9,583 Sqft Lot
SOLD DATE : 02/25/2022

Key Details

Sold Price $1,175,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN22020165

Sold Date 02/25/22

HOA Y/N No

Lot Size 9,583 Sqft

Property Description

Whats better than predictable cash flow in a fast-growing town? Dont hesitate to act on this solid income-producing asset. Impeccable interior remodel allows tenants to live in luxury, without paying luxury prices. Absolutely turnkey and low maintenance, Water-efficient landscape, and minimal owner-paid PGE bill keeps expenses minimal and predictable. Just blocks away from Enloe hospital, Chico State, restaurants, and shopping. The scarcity of affordable studios, and sharply increasing demand makes this property a trophy asset that cannot be replicated. The strong Chico rental market has 2 colleges, the biggest hospital north of Sacramento, and a budding tech and startup scene. Chico is a hidden gem of California and is an ultra-attractive destination for young professionals and families moving outside of cities, seniors looking for a glorious retirement location, as well as students looking for an unparalleled college experience. Do not miss the opportunity to get in on a cash-flowing asset of this caliber, with management already in place will only make this a turnkey property that will pay dividends for years and years.
Whats better than predictable cash flow in a fast-growing town? Dont hesitate to act on this solid income-producing asset. Impeccable interior remodel allows tenants to live in luxury, without paying luxury prices. Absolutely turnkey and low maintenance, Water-efficient landscape, and minimal owner-paid PGE bill keeps expenses minimal and predictable. Just blocks away from Enloe hospital, Chico State, restaurants, and shopping. The scarcity of affordable studios, and sharply increasing demand makes this property a trophy asset that cannot be replicated. The strong Chico rental market has 2 colleges, the biggest hospital north of Sacramento, and a budding tech and startup scene. Chico is a hidden gem of California and is an ultra-attractive destination for young professionals and families moving outside of cities, seniors looking for a glorious retirement location, as well as students looking for an unparalleled college experience. Do not miss the opportunity to get in on a cash-flowing asset of this caliber, with management already in place will only make this a turnkey property that will pay dividends for years and years.

Location

State CA

County Butte

Area Chico (95926)

Zoning Assessor

Interior

Cooling Wall/Window

Building

Lot Description Sidewalks

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $950

Listing Terms Cash, Conventional, Exchange

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Steve Depa • Re/Max of Chico
Bought with John Barroso • Parkway Real Estate Co.

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agent

Mary Ellen Haywood

+1(619) 994-5515

Broker Associate | CA DRE#01264878

Broker Associate CA DRE#01264878

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