Listing Agent: Wren Jones      Broker/Office: Parkway Real Estate Co.
2244 Elm Chico CA 95928
$ 450,000
  4   |    2   |    1906 Sq Feet

Listing ID

#SN26113562

Status

Active

Property Type

Single Family Residence

County

Butte

Year Built

1947

Days on website

3

Description
Investor opportunity with built-in income potential! Situated on two lots, this unique property offers endless possibilities for investors or first-time buyers looking to offset their mortgage with rental income. The main home is vacant, turnkey, and move-in ready, featuring 2 bedrooms, 1 bathroom, updated laminate flooring, fresh interior paint, a bonus office space, indoor laundry, and a cozy kitchen with a breakfast nook. There is a long driveway for off-street parking, a newer roof, and a newer HVAC system. Behind the main house is 2242 Elm, a second 2-bedroom, 1-bathroom home with a bonus room or office that is currently tenant-occupied, providing immediate rental income. The additional vacant lot offers even more potential — create a large garden, add RV parking, or explore the possibility of building additional homes to maximize investment income (plans have been drawn up for a 3/2 and 2/1). Conveniently located near downtown, freeway access, shopping, and everyday amenities, this versatile property is packed with opportunity!
Location
Financial Information
List Price:  $ 450000
Property Features
Community Features:  Urban
Heating:  Central
High School District:  Chico Unified
Laundry Features:  Inside
Levels:  One
Senior Community YN:  false
Structure Type:  House
View:  Neighborhood
Water Source:  Public
High School District:  Chico Unified
Senior Community YN:  false
City:  Chico
Listed By:   Wren Jones   Parkway Real Estate Co. 
CA Lic#