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$ 499,000
Est. payment /mo
New
414 W 6th Street Chico, CA 95928
4 Beds
2 Baths
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN26154622
Bedrooms 4
Lot Size 3,484 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
The best investment properties arent just well located, theyre the ones that rarely sit vacant. 414 W. 6th St. is exactly that. Offering approximately 1,440 square feet with 4 bedrooms and 2 bathrooms, this well-maintained property is already producing $3,150 per month in rental income, with new tenants secured for the upcoming school year. Whether youre adding to an established portfolio or purchasing your first investment property, this is an opportunity that begins generating income from day one. Inside, the home has been thoughtfully maintained over the years with durable laminate flooring, dual-pane retrofit windows, and energy-efficient mini-split heating and cooling in every room, creating comfortable living spaces year-round. The functional layout is well suited for shared living, while the basement laundry area adds everyday convenience. The unfinished basement also presents an exciting opportunity for future expansion. With the appropriate planning, approvals, and improvements, the space may offer the potential for an additional unit, creating another avenue for future rental income. Location is everything, and this one checks every box. Just six blocks from Chico State, one block from Chicos beloved 5th Street Steakhouse, and only three blocks from Downtown Chico, youll be positioned in one of the citys strongest rental corridors. Shopping, restaurants, and everyday conveniences are all nearby, while the propertys consistent rental history speaks for itself. In fact, demand has remained so strong that incoming tenants are often referred by previous residents. Whe
Location
State CA
County Butte
Zoning Assessor
Direction From Broadway St, Turn onto W. 6th St, Home is on the Right after Normal Ave.
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 004214006000
Acceptable Financing Cash
Listing Terms Cash
Listed by Alisha Simpkins, DRE#01772692 Keller Williams Realty Chico Area