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Listed by Matt Depa • Re/Max of Chico
$675,000
Est. payment /mo
5,663 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSN25229777
Year Built 1907
Lot Size 5,663 Sqft
Source California Regional MLS
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 Window / Wall Unit
Flooring Laminate
Laundry Laundry Area
Exterior
Parking Features Off-Street Parking
Pool None
View Local/Neighborhood
Roof Type Composition
Building
Water District - Public
Others
Tax ID 004213002000
Special Listing Condition Not Applicable
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