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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$1,049,000

Est. payment - /mo

0.3 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN24217204

Construction Status Turnkey

HOA Y/N No

Year Built 1908

Lot Size 0.300 Acres

Property Sub-Type Quadruplex

Property Description

Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico!

Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio.

All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage.

Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining.

Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the property's strong rental history, makes it a wise investment with immediate income potential.

Key Features:
• 4 units with functional layouts
• Prime location near Chico State, shopping, and dining
• Strong rental history with excellent income potential
• Off-street parking and shared outdoor spaces
• Ideal for investors seeking stable, long-term returns
• Potential to add an additional unit at the rear of the property (utilities already trenched)
• Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms
• New mini split air conditioning (3 years old) in each unit
• Washer and dryer in all units except unit 2

Whether you're looking for a property with reliable rental income
or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice.

Mortgage may be transferable at discretion of lender.

Please do not disturb tenants. No showings without an accepted offer.

Location

State CA

County Butte

Zoning R1

Interior

Interior Features Ceiling Fan(s), Open Floorplan, Walk-In Closet(s)

Heating Ductless

Cooling Ductless

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Built-In Range, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater, Dryer, Washer

Exterior

Parking Features Gravel, Off Street, Paved

Pool None

Community Features Biking, Street Lights, Sidewalks, Urban

Private Pool No

Building

Lot Description 2-5 Units/Acre, Near Public Transit, Paved, Rectangular Lot, Street Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 043241016000

Acceptable Financing Cash, Cash to Existing Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Conventional

Special Listing Condition Standard

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Listed by Michael Lee Ryno Company 5305703222, DRE #02216710

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker License ID: 01405369

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1122 Stewart AVE Chico, CA 95926

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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