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1041 W 9th St
Chico, CA 95928
Price Reduced! · Multifamily Property For Sale · 4 Units

INVESTMENT HIGHLIGHTS

  • Comparative Data Shows Current Rents Are $350+ Below Market, Allowing For Significant Upside With Minimal Improvements
  • Walking Distance to the University (0.5 mi) and Downtown Chico (0.4 mi)
  • Priced Well Below Most Recent Four-Bedroom Sale Comps
  • All Units Upgraded With Granite Countertops, Plank Flooring, New Paint and New Light Fixtures.
  • 100% Four Bedroom Two-Bathroom Floor Plans With On-Site Laundry

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.20 AC
Building Size 4,216 SF
No. Stories 2
Year Built 1981
Parking Ratio 2.37/1,000 SF
Zoning R3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Granite Countertops
  • Yard
  • Double Pane Windows

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+2 4 - 1,055

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
004-290-015-000
Land Assessment
$166,464
Improvements Assessment
$691,744
Total Assessment
$858,208
  • Listing ID: 26216271

  • Date on Market: 7/20/2022

  • Last Updated:

  • Address: 1041 W 9th St, Chico, CA 95928

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