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511 W 5th Street

Chico, CA 95928

– beds
– baths
– sqft
5,663 sqft lot
1929 build
– on site

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This charming duplex is a rare find. This student property is located in Downtown, practically across the street from CSUC. It is 100% occupied and has been meticulously maintained by one owner over decades. Recent updates include new paint, new custom front doors, new water heater, and new high efficiency ducted split HVAC for each unit. The property also has rear off street parking and a garage. Interior features include wood floors, period style finishes, washer/dryer in both units, and all appliances included. The property is located near Downtown and CSUC, close to public transportation, shopping, and dining. It is a great rental income potential and perfect investment opportunity. It’s one of a kind! Additionally units may be built in rear where garage is located, buyer to verify. Seller financing may be available. Some photos were taken prior to new doors, HVAC and paint. Full investment package and financials in supplemental documents.

Listed By CRMLS_CA / Ryan Vaught / Ryno Company / ryan.vaught@rynocompany.com

Last checked: Checking… • Last updated Mar 11, 2024 •

MLS# SN23224261 —

The Building

Year Built:

1929
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

1 Common Wall
Building Area Total:

2465.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

2
Stories Total:

1
# of Separate Gas Meters:

2
# of Separate Water Meters:

1
# of Separate Electric Meters:

2

Interior

Levels:

Two
Entry Location:

Front
Number Wall AC:

4
Laundry:

Dryer Included, Inside, Washer Included
Laundry:

1

Location

Directions:

Cross Streets: Chestnut
Latitude:

39.72538900
Longitude:

-121.84178200

The Property

Property Type:

Residential Income
Subtype:

Duplex
Lot Features:

0-1 Unit/Acre
Lot Size Area:

5663.0000
Lot Size Acres:

0.1300
Lot Size SqFt:

5663.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

004213005000

Utilities

Utilities:

Sewer Connected
Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Gutters
Pool:

None
Private Pool:

No
Inclusions:

Washers, Dryers, Fridges
Association:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

3.00
Garage Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/8/24 Mar 8, 2024	Sold	CRMLS_CA	$745,000	-3.9%
1/23/24 Jan 23, 2024	Pending	CRMLS_CA	$775,000
12/12/23 Dec 12, 2023	Listed / Active	CRMLS_CA	$775,000

Multifamily Sold on 3/8/2024

$745,000

Listing provided by broker:

Ryan Vaught

Ryno Company

ryan.vaught@rynocompany.com

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Listing Courtesy of: CRMLS_CA and Ryno Company. Based on information from California Regional Multiple Listing Service, Inc. as of 10:22 on Nov 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

511 W 5th Street

Chico, CA 95928