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541 W 5th ST Chico, CA 95928
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Key Details
Sold Price $645,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN25229777
Year Built 1907
Lot Size 5,662 Sqft
Property Sub-Type Mixed Use
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 Carpet, Laminate
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Off Street
Fence Wood
Pool None
Community Features Suburban
View Y/N Yes
View Neighborhood
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Kathryn Binsley Parkway Real Estate Co.
NEARBY SCHOOLS & BUSINESSES
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