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$ 602,500
$ 639,000 5.7%
Est. payment | /mo
6 Beds
$ 602,500
$ 639,000 5.7%
Est. payment | /mo
6 Beds
Key Details
Sold Price $602,500
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN25094997
Sold Date 06/09/25
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to 1131 & 1133 W. 6th St, an exceptional investment opportunity, just blocks from Chico State University and Historic Downtown. This property features two beautifully upgraded homes on one lot, offering rare versatility and long-term value in a highly sought-after location. The front home (1131) is a spacious 4-bedroom,2-bathroom residence with a finished basement that serves as a perfect 5th bedroom or bonus room - ideal for student housing or larger households. It has undergone extensive renovations, including updated bathrooms, fixtures, electrical upgrades, and waterproof flooring throughout. With its generous layout and prime location, it's a proven income generator with a strong rental history. Tucked at the rear of the property is 1133, a 2-bedroom, 2-bathroom unit that was also completely remodeled. With no shared walls between the two homes, each offers privacy and comfort. Both units feature indoor laundry, separate mailing addresses, and their own fully fenced backyards, providing a true sense of independent living. While the property shares a water meter, all other utilities are separately metered, making management easy and straightforward. Zonex R3, the property may also offer development potential, with previous discussions indicating the possibility of adding a third detached unit (Buyer to verify with the City of Chico). Located just 10 blocks from Campus and a few minutes from local shops, restaurants, and parks, this location checks every box for convenience, rental demand, and lifestyle appeal. Whether you're a seasoned investor or looking for a
Location
State CA
County Butte
Zoning Assessor
Direction From Nord Ave, Turn Left onto W. 6th St, Property is on the Left
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 004205002000
Acceptable Financing Cash
Listing Terms Cash
Listed by Alisha Simpkins Keller Williams Realty Chico Area
Bought with General NONMEMBER NONMEMBER MRML
Bought with General NONMEMBER NONMEMBER MRML