Chico, CA 95926,2020 Magnolia Avenue
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Chico, CA 95926,2020 Magnolia Avenue
Chico, CA 95926,2020 Magnolia Avenue
Chico, CA 95926,2020 Magnolia Avenue
Chico, CA 95926,2020 Magnolia Avenue

$490,000

Est. payment /mo

$475,000

3.2%
Est.Price: ?

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2020 Magnolia Avenue Chico, CA 95926

6 Beds

3 Baths

9,583 Sqft Lot

SOLD DATE : 04/24/2024

Key Details

Sold Price $490,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN24062746

Sold Date 04/24/24

Bedrooms 6

HOA Y/N No

Lot Size 9,583 Sqft

Property Description

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 schools ensuring convenience for both the tenants and residents alike. The desirable Chico Avenues' location and potential for rental income make this property a solid investment for long-term growth. This is your chance to own a versatile investment property in the heart of Chico. Call your favorite agen
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 schools ensuring convenience for both the tenants and residents alike. The desirable Chico Avenues' location and potential for rental income make this property a solid investment for long-term growth. This is your chance to own a versatile investment property in the heart of Chico. Call your favorite agent today, and come explore the endless opportunities that await with this property!

Location

State CA

County Butte

Area Chico (95926)

Zoning Assessor

Interior

Cooling Central Forced Air

Exterior

Roof Type Composition

Building

Lot Description Curbs

Story 2

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Alisha Simpkins • Keller Williams Realty Chico Area
Bought with Jessica Sorenson • Re/Max of Chico
agent

Tadd Bennett

Broker | License ID: 01926503

+1(760) 222-7717

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