117 W 21st St, Chico, CA 95928

0 beds 0 baths 14,375 sq.ft.

Offerered at: $659,000.00

County: Butte
Year Built: 1972
Association Fees: $0.00/mo.

Property Description

Excellent Investment opportunity. Six-units, nearly identical, 1 bed, 1 bath, approximately 600 sq ft apartments. Two buildings. One with 4 units built in 1972 (new roof in May 2025) & 2nd building with 2 units built in 1990 (new roof in Oct 2021). Pest clearance. These well maintained units have wall heat, wall A/C, functional open floor plans and semi-private patios. Detached laundry room (new roof in May 2025) with leased washer & dryer. 10 off-street parking spaces. Steady income & minimal vacancies over the past 20 years. Rents are below market. New fenced enclosure is in the process of being built to accommodate the new requirements for trash, recycling, & food waste. Interior photos are from unit 3 and unit 6 during most recent turnovers in December of 2023 and October of 2023. Please do not disturb tenants.

ESSENTIAL INFO

  • Status: Active
  • Architecture: Ranch