604 Salem Street , Chico, CA 95928
Fantastic Investment Opportunity in the Heart of Downtown Chico! This uniqu...
$899,000
Fantastic Investment Opportunity in the Heart of Downtown Chico! This unique property is full of charm, character, and architectural appeal—all set on a desirable corner lot just steps from local restaurants, shops, parks, and the farmers market. The building is divided into five distinct units: a spacious 2-bedroom, a 1-bedroom, and three private-entry studios—each offering its own personality and layout. Two of the units have been tastefully updated, with one featuring the added convenience of in-unit laundry. The standout two-bedroom unit showcases a two-story layout with a spiral staircase, fireplace, and a private exterior balcony—perfect for enjoying morning coffee or relaxing in the evening. Outside, a large yard with raised decks provides space for gatherings, barbecues, or simply enjoying the shade of mature trees. Brick and concrete walkways, along with wrought iron, brick, and wood fencing, add both charm and privacy. This is a rare chance to own a one-of-a-kind multi-unit property in Downtown Chico—a location that continues to attract high rental demand. Whether you’re expanding your portfolio or diving into real estate investment, this property offers both income potential and timeless appeal.
Additional Information

Schedule a Showing
Year Built:1900
Size:2326 Sq. Ft.
Lot Size:0.22 Acres
Price:$386.50 per Sq. Ft.
MLS ID:SN25136289
Listing Type:Residential Income
Address
  • Internet Published
  • Income
  • Monthly Gross Income: $57960.00
  • Net Operating Income: $37371.00
  • Pool
  • Pool Type: None
  • Sale Type
  • Sale Type: Standard