997 E 16th, Chico, CA 95928
997 E 16th, Chico, CA 95928
997 E 16th, Chico, CA 95928
997 E 16th, Chico, CA 95928
997 E 16th, Chico, CA 95928
997 E 16th, Chico, CA 95928
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Jim & Kim Carmichael
$ 989,000
Est. payment | /mo

10 Beds

5 Baths

0.83 Acres Lot


Save
$ 989,000
Est. payment | /mo
Save

10 Beds

5 Baths

0.83 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26099676

Bedrooms 10

Lot Size 0.830 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Investment opportunity with three separate homes situated on .83-acre lot offering significant future potential. Explore the possibility of adding additional ADUs and potential lot split options (buyer to investigate and confirm with city/county planning departments). Perfect setup for rental income, multigenerational living, or phased development. Existing homes provide immediate usability while future improvements create substantial upside. Rare combination of current cash flow and future expansion opportunity.

Location

State CA

County Butte

Zoning Assessor

Direction From E 20th St, turn onto C st, turn right onto E 16th St. Property on the right

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Utilities Available Septic Installed

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 005422020000

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

MLS Router / San Diego MLS
Listed by Matt Depa, DRE#01861484 Capital Rivers Commercial Inc 

NEARBY SCHOOL & BUSINESS

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Jim & Kim Carmichael

Jim & Kim Carmichael

License ID: 0675443, 01719088

+1(619) 846-1906

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997 E 16th