Homes for sale - 1612 Neal Dow, Chico, CA 95926

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Ricardo Villa

ricardo@villasellsnorcal.com +1(530) 801-1761

$ 1,650,000

Est. payment | -/mo

0.87 Acres Lot

Save

$ 1,650,000

Est. payment | -/mo

Save

0.87 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SN26004411

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1961

Lot Size 0.870 Acres

Property Sub-Type Apartment

Property Description

This premier 13-unit multifamily property presents an exceptional investment opportunity in the heart of central Chico. Ideally located in a highly sought-after area, the property offers convenient access to shopping, dining, entertainment, and major local amenities, making it consistently desirable for tenants. The property is 100% occupied and features a well-balanced unit mix, including seven 1-bedroom/1-bath units, five 2-bedroom/1-bath units, and a separate 2-bedroom single-family residence complete with a private patio and attached two-car garage. Each unit is thoughtfully designed with modern layouts, high-end finishes, and updated appliances. Residents enjoy private amenities along with shared outdoor spaces, including a community garden area, an open grass space and on-site laundry. The combination of modern conveniences, strong occupancy, and an attractive unit mix positions this property for continued demand. With its prime location, quality construction, and upside potential through future rental growth, this multifamily asset offers a compelling opportunity for investors seeking stable income and long-term value appreciation in one of Chico's most desirable rental markets.

Location

State CA

County Butte

Interior

Interior Features Ceiling Fan(s), All Bedrooms Down

Heating Wall Furnace

Cooling Ductless

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Electric Range, Refrigerator, Range Hood

Laundry Common Area

Exterior

Parking Features Garage, On Site, Off Street

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Curbs, Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Accessibility Safe Emergency Egress from Home

Total Parking Spaces 17

Private Pool No

Building

Lot Description Front Yard, Garden, Lawn, Landscaped, Sprinkler System, Trees, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 045142007000

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Trust

Listed by Brent Silberbauer eXp Realty of California, Inc. 5308642404

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(530) 801-1761

ricardo@villasellsnorcal.com

915 Highland Pointe Dr, Roseville, CA, 95678, USA

1612 Neal Dow Chico, CA 95926