2020 Magnolia Avenue
Chico, CA 95926
- 6 beds
- – baths
- 3,720 sqft
- 9,583 sqft lot
- $131 per sqft
- 1983 build
- – on site
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Opportunity is knocking! Unlock the potential of this prime investment opportunity nestled in the sought-after Chico Avenues neighborhood. This property includes a 3-bedroom, 1-bathroom duplex, paired with a single-family 3-bedroom, 2-bathroom home, providing multiple income streams for those looking to expand their investment portfolios. For Buyers looking to live in one unit and rent out the others, this property offers the perfect blend of affordability and passive income potential, or rent them all out for a steady cash flow! While these homes may require some TLC, this presents a unique opportunity for investors to add value with strategic updates and renovations, enhancing the overall value. The duplex, located at 150 W. 10th Avenue, is on a large corner fenced with parking spaces, separate utilities, and a yard providing a great outdoor space for tenants. The single-family home, located at 2020 Magnolia Avenue, on the other side of the fence, offers a fully fenced concrete patio, and utility room providing a laundry area, and additional storage space, this home is currently rented until May 2024. Centrally located just a block from the renowned Esplanade, and a few blocks from Downtown Chico, this property offers easy access to shopping, dining, local amenities, and school
Listing courtesy of BRIDGE / Keller Williams Realty Chico Area
Last checked:
Checking…
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Last updated Jun 25, 2024
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MLS# CRSN24062746 —
The Building
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Year Built:1983
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Other Equipment:Other
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Building Area Total:3720
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Building Area Units:Square Feet
Interior
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Flooring:Vinyl
Room Dimensions
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Living Area:3720
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Living Area Units:Square Feet
Location
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Directions:From Esplanade, Turn Right onto W. 11th Ave, Turn
The Property
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View:Other
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View:true
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Property Type:Residential Income
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Property Subtype:Triplex
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Lot Features:Other
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Lot Size Area:0.22
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Lot Size Acres:0.22
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Lot Size SqFt:9583
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Lot Size Units:Acres
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Exterior Features:Front Yard
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Zoning:R1
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Parcel Number:003601012000
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Fencing:Wood
Listing Agent
- Contact info:
- Agent phone:
- (530) 809-3742
Taxes
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Tax Tract:6.01
Beds
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Bedrooms Total:6
The Listing
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Listing TermsCash
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Appliances
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Laundry Features:Laundry Room
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:6
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/24/24
Apr 24, 2024
|
Sold | BRIDGE | $490,000 | 3.2% |
4/3/24
Apr 3, 2024
|
Pending | BRIDGE | $475,000 | |
3/29/24
Mar 29, 2024
|
Listed / Active | BRIDGE | $475,000 |