65
See all 65 photos
$465,000
Est. payment /mo
4 Beds
8,712 Sqft Lot
Price Dropped by $14K
1617 Hemlock Street Chico, CA 95928
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN25230035
Bedrooms 4
Lot Size 8,712 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
PRICE REDUCED on this TWO UNIT PROPERTY (with development potential). This well cared for income property could be just what you have been looking for. Consisting of a 3/2 main house with a bonus room and a fully detached 1 bed 1 bath apartment with its own private small yard and alley entry, the ADU is rented through July of 2026. The Main house is Now Vacant and available for an owner occupant to move in or an investor to lease to new tenant. Both structures have new roofs and new heat and air systems (HVAC in Main house and mini splits in the back unit). Interiors of both have gotten nice recent makeovers with updates including fresh paint, vinyl plank flooring, dual pane windows, some kitchen cabinetry and some new appliances. Both units feature their own indoor laundry rooms. Property is on city sewer and units operate on seperate power meters and tenants pay all utilities except water and sewer. There is an additional outbuilding (with new roof too!) that could possibly be developed into its own unit, rented out for storage or studio space or whatever your vision might be. Interior of main house has a unique floor plan that could also have possibilities for reconfiguration with one of the bedrooms that has an adjoining bathroom having its own dedicated back door entry. Located in a sweet central location in a desirable, walkable neighborhood, close to shopping, coffee shops, downtown, public transit and CSU Chico; when these units were listed for rent the property management company had applications come in rather quickly and it did not take long to have them rented.
Location
State CA
County Butte
Zoning Assessor
Direction Second house on the left South of E 16th St on Hemlock St
Interior
Heating Combination Heating
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 005215008000
Listed by Jennifer Parks Century 21 Select Real Estate, Inc.
GET MORE INFORMATION