1001 Salem Street, Chico, CA 95928
1001 Salem Street, Chico, CA 95928
1001 Salem Street, Chico, CA 95928
1001 Salem Street, Chico, CA 95928
1001 Salem Street, Chico, CA 95928
1001 Salem Street, Chico, CA 95928
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$ 499,000
Est. payment | /mo

3 Beds

3 Baths

7,840 Sqft Lot


Save
$ 499,000
Est. payment | /mo
Save

3 Beds

3 Baths

7,840 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SN25099724

Bedrooms 3

Lot Size 7,840 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Discover a well-maintained, owner-occupied investment property in a desirable Chico location. This 3-unit building offers a comfortable live-in unit plus two turnkey rental units, creating an appealing combination of steady cash flow and personal living convenience. What makes it special: Owner-occupied layout: Live in a well-appointed unit with private entry. Ideally located just minutes from Chico State, Historic Downtown, and local dining and shopping, this tri-plex offers both convenience and long-term rental appeal. The property includes three separate units, a 2-bedroom, 1-bathroom, a 1-bedroom, 1-bathroom, and a studio, each with its own fenced backyard and shaded by mature trees, creating a comfortable and private setting for tenants. Two of the units have been recently remodeled, and all units are currently occupied by long-term tenants, providing immediate, stable income. A brand new 30-year roof across all three units adds long-term value and peace of mind for the next owner. Whether youre looking to live in one unit while offsetting expenses or expand your portfolio with a well-positioned asset, this property offers a strong combination of location, functionality, and consistent rental demand. Tenant-occupied. Showings by APPOINTMENT ONLY!

Location

State CA

County Butte

Zoning Assessor

Direction From W 9th St, Turn Right onto Salem St, Property is on the Left.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 005094018000

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by Tamara Lambert, DRE#01728469 Thrive Real Estate Company 

Schools and Properties Nearby

Kevin O'keefe

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 260-9001

kevin.okeefe@lptrealty.com

10620 Treena St Ste 230, San Diego, CA, 92131-1140, USA

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1001 Salem Street