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Listed by Matt Depa • Re/Max of Chico
$ 675,000
Est. payment | /mo
4,293 SqFt
$ 675,000
Est. payment | /mo
4,293 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,293 sqft
Price per Sqft $157
MLS Listing ID CRSN25229777
HOA Y/N No
Year Built 1907
Lot Size 5,663 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Discover 541 W 5th Street-an exceptional 7-unit property perfectly positioned in the lively core of downtown Chico. This classic multi-family residence places you just steps from popular restaurants, shops, entertainment venues, and only a short walk to Chico State University. With several long-term tenants already in place, it offers both stability and opportunity for investors. Properties like this rarely come on the market, making it a unique chance to secure a valuable income-producing asset right in the heart of Chico. All of this at an 8.25 cap rate.
Location
State CA
County Butte
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Carpet
Fireplace No
Laundry Other
Exterior
View Other
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745