8
See all 8 photos
$450,000
Est. payment /mo
5 Beds
4 Baths
5,663 Sqft Lot
New
986 Salem Chico, CA 95928
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN26232805
Bedrooms 5
Lot Size 5,663 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Investment opportunity with tons of potential in a great Chico location! Situated on a tree-lined corner lot, this unique property features four separate units, including a two-story triplex and a detached one-bedroom cottage. Full of character and opportunity, this property is ready for someone with a little vision and a willingness to put in some TLC! The triplex includes two downstairs units and one larger upstairs unit. 986 Salem is a one-bedroom, one-bath unit featuring hardwood floors, separate living and dining areas, and a quaint kitchen. 986 Salem offers one bedroom, one bathroom, an open kitchen, and direct access to the backyard, which has previously been used for gardening. Upstairs, 988 Salem features two bedrooms, a spacious bonus room offering additional storage or flexible-use space, a Jack-and-Jill bathroom with a tile shower, hardwood floors, and a gas range. Tucked away from the main building, 988 Salem is a detached one-bedroom, one-bath cottage featuring an open kitchen and living area, a separate indoor laundry room, a new electric range, and access to the yard. The units have window air conditioning units and wall furnaces, while mature trees provide plenty of shade and add to the property's established charm. The property does need some repairs and updating, but with four individual addresses, a variety of unit layouts, and a convenient Chico location, there's plenty of potential to make improvements and add value over time. Whether you're looking to expand your investment portfolio or take on a property with upside potential, this could be a great
Location
State CA
County Butte
Zoning Assessor
Direction corner of W 10th and Salem Street
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 005093007000
Acceptable Financing Seller May Carry
Listing Terms Seller May Carry
Listed by Heather Cooper, DRE#01843577 Willow & Birch Realty, Inc
Nearby Locations
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