1001 Salem St

Chico, CA 95928
  • $499,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 2,032

    SqFt

About the Listing SNTREC - CH208028469,SN157012250

Discover a well-maintained, owner-occupied investment property in a desirable Chico location. This 3-unit building offers a comfortable live-in unit plus two turnkey rental units, creating an appealing combination of steady cash flow and personal living convenience. What makes it special: Owner-occupied layout: Live in a well-appointed unit with private entry. Ideally located just minutes from Chico State, Historic Downtown, and local dining and shopping, this tri-plex offers both convenience and long-term rental appeal. The property includes three separate units, a 2-bedroom, 1-bathroom, a 1-bedroom, 1-bathroom, and a studio, each with its own fenced backyard and shaded by mature trees, creating a comfortable and private setting for tenants. Two of the units have been recently remodeled, and all units are currently occupied by long-term tenants, providing immediate, stable income. A brand new 30-year roof across all three units adds long-term value and peace of mind for the next owner. Whether you’re looking to live in one unit while offsetting expenses or expand your portfolio with a well-positioned asset, this property offers a strong combination of location, functionality, and consistent rental demand. Tenant-occupied. Showings by APPOINTMENT ONLY!

Listing Highlights

Status Pending
Days on Site 423
Property Type Multi-Family
MLS ® SN25099724
Year Built 1981
Total Square Footage 2,032
Lot/Acreage 0.18
County Butte

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances: Free-Standing Range, Gas Oven, Gas Range, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan
  • Air Cond: Wall/Window Unit(s)
  • Heating: Natural Gas,Wall Furnace
  • Fireplaces:
  • Floor: Carpet,Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Back Yard,Front Yard,Lawn,Near Public Transit,Rectangular Lot,Street Level,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Zoning: R3
  • Roof: Composition
  • Others: Lighting,Rain Gutters,2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Concrete,Driveway,Driveway Up Slope From Street,On Site,One Space

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 005094018000
  • Tax Year: N/A

Payment Calculator

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Questions About..

1001 Salem St Chico, CA 95928

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Originating MLS: CRMLS

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