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1700 Sherman Ave - 1700 Sherman Ave 3 Unit Apartment Building Offered at $549,000 Chico, CA 95926
Executive Summary
Tri-Plex located in the Avenues! This property consists of a 3-bed 1-bath house built in 1954. The duplex has 2-bedroom, 1-bath units and was built in 1984. The house has lots of charm and character with wood floors, built-ins, ceiling fans, a window unit for A/C, and a gas wall unit for heating. There is a nice-sized backyard, laundry hook-ups, and a garage. The duplex has some nice upgrades, including central heat and air, ceiling fans, a gas oven, and laundry hook-ups. All units were hooked up to the City Sewer in October 2021. This is a very unique investment property with the possibility of adding ADUs, buyer is to investigate with the City of Chico.
Property Facts
| Price | $549,000 | Property Type | Multifamily |
| Price Per Unit | $183,000 | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 2,616 SF |
| Sale Condition | Lease Option | No. Stories | 1 |
| No. Units | 3 | Year Built | 1984 |
| Price | $549,000 |
| Price Per Unit | $183,000 |
| Sale Type | Investment |
| Sale Condition | Lease Option |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.31 AC |
| Building Size | 2,616 SF |
| No. Stories | 1 |
| Year Built | 1984 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
| 2+1 | 2 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100
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1700 Sherman Ave - 1700 Sherman Ave
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