1735 Magnolia Avenue , Chico, CA 95926
This classic Victorian showcases authentic period architecture and timeless...
5 Bed 2 Bath
$199,000

This classic Victorian showcases authentic period architecture and timeless appeal. The property sits on a large corner lot in the Avenues neighborhood, featuring two distinct units that maximize investment potential. The main house offers three downstairs bedrooms with a bath, plus three bonus rooms and another bath upstairs. The Water Tower unit provides an additional three rooms and bath, creating excellent rental income opportunities. Skylights enhance the natural lighting. The wide front porch welcomes guests, while the private backyard patio creates an inviting outdoor gathering area. Additional storage buildings provide practical utility for tenants. Investment advantages include dual electric and gas meters for separate utility management, plus abundant off-street parking addressing tenant needs. Proximity to Enloe Medical Center adds location appeal for healthcare professionals. The Victorian architecture and corner positioning support strong rental demand and long-term appreciation potential. Schedule your showing today to explore this incredible multi-unit property!
Additional Information

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Year Built:1920
Size:1662 Sq. Ft.
Lot Size:0.26 Acres
Price:$119.74 per Sq. Ft.
MLS ID:SN26007298
Listing Type:Residential
Property Type:Duplex
Address
  • Internet Published
  • Pool
  • Pool Type: None
  • Sale Type
  • Sale Type: Real Estate Owned