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533 Orange Street , Chico, CA 95928

$2,550,000
  • 533 Orange Street , Chico, CA 95928 Main Photo

26 Photos

New to the Market Active
MLS#ML82061341
STATUSActive PROPERTY TYPECommercial - Business SCHOOLChico Unified

Listing Courtesy of: Corcoran Icon Properties
Agency Phone: (650) 578-0200
Associate Name: Steve Belluomini
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


Property Description

Exclusive Investment Opportunity in Chico, CA This Recently Constructed multifamily asset presents an opportunity to acquire an 8- unit, 3 story townhome community built in 2014 on the corner of Orange and W 6 Streets in Chicos South Campus neighborhood, walking distance to Chico State. Designed with student housing in mind, all units are spacious 3-bedroom/3-bath townhomes with attached 2-car garages, offering a more upscale product than the typical Chico rental stock. The propertys small unit count and single-building footprint make it a manageable, turnkey hold for an investor looking to enter the Chico student- housing market without taking on a large-scale asset. Property Highlights 8 total units in a 3-story, townhome-style building Unit mix: all 8 units are 3 bed/3 bath (private bath per bedroom Attached 2-car garage per unit + 10 additional parking spaces South Campus Neighborhood - walking distance to CSU Chico and downtown Chico Managed by Hill Properties Granite countertops, vinyl plank flooring, full-size in-unit washer/dryer Individually controlled thermostats per bedroom (room-by-room climate control) plus in-unit A/C Landscaping service included by ownership; tenants historically pay a monthly utility surcharge for water/sewer/trash plus a share of PG&E

533 Orange Street | MLS# ML82061341

This commercial property located at 533 Orange Street , Chico, CA 95928 is currently listed for sale with an asking price of $2,550,000. Orange Street is located within the Chico Unified school district. Search Chico real estate on www.farrellsmyth.com today.

Property Features

Property Type: Commercial - Business
Heating: Central
Lot Size: 0.65 Acres
Roof Type: Other
Taxes: $34,100
Year Built: 2014

Feature Descriptions

Days on Site: 2
Parcel#: 004204006000
Water: Public

Local Schools

School District: Chico Unified

Listed By / Shown By

Listed By

Agency Name: Corcoran Icon Properties
Agent Name: Steve Belluomini
Agency Phone: (650) 578-0200

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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