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1825 Magnolia Ave

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Address: 1825 Magnolia Ave, Chico, CA 95926, USA

California & West + Apartment Buildings

Created date: August 15, 2024

Date last updated: February 4, 2025

Property 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!

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$615,000
No. of Units:	5
Average Occupancy:	7.04
Year Built:	1960
Lot Size:	0.21 Sq ft
Opportunity Zone:	No
Price per unit:	$123,000
Property Website	Click Here