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$450,000

Est. payment - /mo

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4 Beds

2 Baths

1,906 SqFt

New

2244 Elm Chico, CA 95928

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The Brandon Drew Group

financing@tbdgmortgagefirm.com +1(909) 944-8800

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,906 sqft

Price per Sqft $236

MLS Listing ID SN26113562

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1947

Lot Size 0.280 Acres

Property Sub-Type Single Family Residence

Property Description

Investor opportunity with built-in income potential! Situated on two lots, this unique property offers endless possibilities for investors or first-time buyers looking to offset their mortgage with rental income. The main home is vacant, turnkey, and move-in ready, featuring 2 bedrooms, 1 bathroom, updated laminate flooring, fresh interior paint, a bonus office space, indoor laundry, and a cozy kitchen with a breakfast nook. There is a long driveway for off-street parking, a newer roof, and a newer HVAC system. Behind the main house is 2242 Elm, a second 2-bedroom, 1-bathroom home with a bonus room or office that is currently tenant-occupied, providing immediate rental income. The additional vacant lot offers even more potential — create a large garden, add RV parking, or explore the possibility of building additional homes to maximize investment income (plans have been drawn up for a 3/2 and 2/1). Conveniently located near downtown, freeway access, shopping, and everyday amenities, this versatile property is packed with opportunity!

Location

State CA

County Butte

Rooms

Main Level Bedrooms 4

Interior

Interior Features Ceiling Fan(s), All Bedrooms Down

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Gas Range

Laundry Inside

Exterior

Pool None

Community Features Urban

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Chico Unified

Others

Senior Community No

Tax ID 005473005000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Wren Jones Parkway Real Estate Co. 530-518-7136, DRE #02017208

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