2424 Park Ave

Chico, CA 95928
$590,000
630 sqft | 1 bed | 1 bath | 0.26 acres | #SN24219673
Courtesy of Re/Max of Chico

Description

For Sale: Unique Park Avenue Property with Three Distinct Buildings Location: Park Avenue Property Overview: Front Building: Size: 1,220 SF Features: Prime Park Avenue frontage with excellent visibility. Includes retail space in the front window, two open rooms, and a small restroom at the rear. Can also be used as a restaurant or office space. Middle Building: Size: 1,550 SF Type: Metal and block warehouse Features: Equipped with fenced yard access and a restroom. Ideal for storage or business, warehouse, manufacturing convert it into a 2 or 3-bedroom apartment. Rear Building: Size: 630 SF Type: single-family resident Features: One bedroom, one bath, with an indoor laundry area and a large, secluded yard. Perfect for rental income or personal use, with the possibility of expanding it into a 2 or 3-bedroom home. Opportunities: Each unit has its separate utilities, including electric, gas, and sewer, water is shared Mixed-Use Potential: Utilize the front building for your business while generating rental income from the rear single-family home. On-Site Living: Live on the property and run your business from the front building,with the added convenience of the rear single-family home for personal use. Owner financing is available with 25% down, 9% interest rate for 10 years. This unique property offers versatility and value, making it an excellent investment opportunity. Don't miss out—schedule a viewing today! The property is also cross-listed in the Commercial section of the MLS
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  • Interior Details
    • Interior Features
      • Interior:AllBedroomsDown
    • Beds & Baths
      • Bedrooms:1
      • Bathrooms:1
      • Full Baths:1
  • Property Details
    • Property
      • Stories:1
      • Lot description:TwoToFiveUnitsAcre
    • Measurements
      • Acres:0.26
      • Square Feet:630
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1960
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected
  • Community and Neighborhood Details
    • Location
      • School district:Chico Unified
      • County:Butte
  • Financial Details
    • Pricing Details
      • Original List Price:$590, 000
  • Other
    • Source
      • MLS #:SN24219673

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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