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831 Rio Chico Way
Chico, CA 95928
Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- Income property near Chico State University and downtown in Chico, CA
- Shared laundry area, private front decks, and large backyard
- Each unit includes full kitchen with bar seating and ample living space
- Central heating and air with ceiling fans throughout each unit
EXECUTIVE SUMMARY
Located at 831 Rio Chico Way in Chico, CA, this ±2,070 square foot duplex offers two well-maintained residential units featuring thoughtful layouts and period character. Each unit has a private entrance, full kitchen with bar seating, and spacious living areas with large windows that bring in abundant natural light. The property includes a shared laundry area, private front decks, and a sizable backyard that provides additional outdoor space for tenants. Ceiling fans, central heating and air, and ample on-site parking for up to eight vehicles per tenant enhance comfort and convenience for residents.
PROPERTY FACTS
| Price Per Unit | $403,162 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 2,070 SF |
| Cap Rate | 6% | No. Stories | 1 |
| No. Units | 2 | Year Built | 1905 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment |
| Price Per Unit | $403,162 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 2,070 SF |
| No. Stories | 1 |
| Year Built | 1905 |
| Opportunity Zone |
Yes |
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