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About the Listing SNNRE - SN183012356
Exceptional investment opportunity just steps from California State University, Chico! This well-located fourplex at 615 Rancheria Dr. offers strong rental history and exceptional income potential in one of Chico’s most desirable student housing areas. Situated directly behind Chico State, the property benefits from consistent tenant demand, making it an ideal addition to any investor’s portfolio. The property features [4] units with a functional and modern layout, providing steady income potential and opportunity for future upside. Tenants will appreciate the proximity to campus, downtown Chico, local dining, shopping, and public transportation. The location alone ensures high occupancy and long-term desirability. Whether you’re a seasoned investor or looking to get started in multifamily real estate, this is a rare chance to own a property in a prime Chico rental market. Don’t miss the opportunity to capitalize on location, demand, and growth potential.
Listing Highlights
Status
Pending
Days on Site
37
Property Type
Multi-Family
MLS ®
SN26064060
Year Built
1971
Total Square Footage
3,604
Lot/Acreage
0.21
County
Butte
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator, Water Heater, Satellite Dish
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Carpet,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Balcony,Ceiling Fan(s),Open Floorplan,Storage,Bar
- Water: Public
Exterior Details
- Lot Description: Landscaped,Near Park,Near Public Transit,Paved,Rectangular Lot,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof: Shingle
- Others: Lighting,Turnkey,Drywall,Glass,Concrete,Wood Siding,2+ Total Units
- Sewer: Septic Tank
- Parking Features: Asphalt,Private,On Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 043180031000
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
615 Rancheria Drive 1-4 Chico, CA 95926
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