1825 Magnolia Avenue

Chico, CA 95926
$615,000
0.21 acres | #SN24144907
Courtesy of Re/Max of Chico

Description

Opportunity is knocking loud and clear with this unique investment property! Nestled near the heart of the avenues and close to Enloe Medical Center, this all-original 5-unit gem is a dream come true for savvy investors. With five units spread across three buildings, this property offers flexibility and charm. The large common courtyard is perfect for creating a welcoming community space where tenants can relax and enjoy the outdoors. Each unit comes equipped with its own laundry facilities, adding a layer of convenience that tenants will love. Located in a prime area, this property offers consistent rental demand and potential for growth. Whether you're looking to renovate and increase value or maintain the original charm, the possibilities are endless. Invest now and watch your portfolio thrive!

  • Property Details
    • Property
      • Stories:2
      • Lot description:BackYard
    • Measurements
      • Acres:0.21
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1960
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • County:Butte
  • Financial Details
    • Pricing Details
      • Original List Price:$625, 000
  • Other
    • Source
      • MLS #:SN24144907

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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