544 W 3rd Street , Chico, CA 95928
544 W 3rd Street, Chico, CA offers a fully-leased multi-tenant investment o...
$1,132,800
544 W 3rd Street, Chico, CA offers a fully-leased multi-tenant investment opportunity one block from California State University, Chico. Known as the “Stumble House,” this property spans three levels including a finished basement with separate entrance. It features original Douglas fir flooring, built-in elements, and vintage charm. Part of the Language Houses group, the building has a stable rental history with consistent annual increases and early pre-leasing. Amenities include in-unit washer and dryer and off-street parking. The asset operates at a 5.5% cap rate with solid cash flow and can be purchased with 536 W 3rd St.
Additional Information

Schedule a Showing
Year Built:1914
Size:3434 Sq. Ft.
Lot Size:0.13 Acres
Price:$329.88 per Sq. Ft.
MLS ID:SN25143526
Listing Type:Residential Income
Address
  • Internet Published
  • Income
  • Monthly Gross Income: $82200.00
  • Net Operating Income: $62285.00
  • Pool
  • Pool Type: None
  • Sale Type
  • Sale Type: Trust