1029 Salem Street , Chico, CA 95928
Charming Quadruplex Investment Opportunity in Downtown Chico! This unique a...
$550,000
Charming Quadruplex Investment Opportunity in Downtown Chico! This unique and character-filled property offers four 1-bedroom, 1-bathroom units—each with its own distinct charm. Two units are located on the lower level, and two more are upstairs, accessible via a wide staircase that leads to a welcoming porch area perfect for relaxing. Inside the units feature high ceilings, wood-paneled doors, wainscoting, freestanding tubs, and beautifully cased wood windows. The kitchens and living areas are surprisingly spacious, making these units highly desirable. Two of the units have been updated with efficient mini-split systems for modern comfort. Additional highlights include plenty of off-street parking, a detached structure at the back that provides storage space and a laundry setup for Unit #3. Situated near Downtown Chico, Chico State, Enloe Hospital, and Bidwell Park—this is an incredible investment opportunity with prime location appeal!
Additional Information

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Year Built:1930
Size:2277 Sq. Ft.
Lot Size:0.18 Acres
Price:$241.55 per Sq. Ft.
MLS ID:SN25136312
Listing Type:Residential Income
Address
  • Internet Published
  • Income
  • Monthly Gross Income: $39840.00
  • Net Operating Income: $27784.00
  • Pool
  • Pool Type: None
  • Sale Type
  • Sale Type: Standard