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1288 W Sacramento, Chico, CA 95926

$1,590,000
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List Agent Mike McCrady () 530-321-3726 Michael McCrady, Broker; CoList ()

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List Price
$1,590,000
Status
ACTIVE
MLS#
SN26212858
Year Built
2007
Lot Size
23,522
Days on Market
2
Property Type
Multifamily
Property Sub Type
Townhouse
Stories
Two Levels
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Property Description

Prime 8-unit multi-family property located within walking distance of the Chico State campus, dining, and retail. Built in 2007, this well-maintained asset consists of eight 3-bedroom, 2-bathroom townhomes. Each unit features a spacious open-concept living and kitchen area, an attached 1-car garage, and in-unit washer/dryer hookups. Owner-operated since construction, the property reflects true pride of ownership with a pristine exterior, well-conditioned interiors, and manicured landscaping. Boasting a low historical vacancy rate, this turnkey asset delivers a strong 7.4% cash-on-cash return even with below-market rents.

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Additional Information

Taxes
$15,162
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
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Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.