4 Unit Rental Near CSU, Chico - 1122 Stewart 1122 Stewart Ave 4 Unit Apartment Building $1,434,036 CAD ($358,509 CAD/Unit) 4.53% Cap Rate Chico, CA 95926

Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico!
Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio.
All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage.
Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining.
Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the property’s strong rental history, makes it a wise investment with immediate income potential.
Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice.
Key Features:
- 4 units with functional layouts
- Prime location near Chico State, shopping, and dining
- Strong rental history with excellent income potential
- Off-street parking and shared outdoor spaces
- Ideal for investors seeking stable, long-term returns
- Potential to add an additional unit at the rear of the property (utilities already trenched)
- Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms
- New mini split air conditioning (3 years old) in each unit
- Washer and dryer in all units except unit 2
Mortgage may be transferable at discretion of lender.