570 E 3rd Avenue

Chico, CA 95926

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,750 Sqft
  • 7841
    Sqft(Lot)
$635,000

Description

570 e 3rd avenue is a charming, 3 unit property nestled in the heart of chico, california.



built in 1956, each 1-bed, 1-bath unit offers contemporary amenities, seamlessly blending timeless mid-century charm with modern functionality for enhanced comfort and versatility.



the property presents a compelling opportunity for investors seeking multiple units, proximity to a variety of amenities, and stable rental income. its convenient location and updated features make it a valuable addition to a diversified real estate portfolio.



• property overview



• total units: total units: 3

• unit c was renovated in 2020 and is fully furnished

• unit configurations: 1 bedroom, 1 bathroom

• total bedrooms/bathrooms: 3 beds, 3 baths

• total living area: ~1,800 sq ft

• unit sizes: ranging from 550 to 650 sq ft



• key features



• in-unit laundry

• centrally located

• easy access to shopping, dining, and public transportation

• units have private yards



• rental income potential



• current rental rates are $1,495 per month per unit.

• gross monthly rental income: $4,800



• investment highlights



• full remodel in 2020 with all new plumbing, electrical, spray insulation, mini split hvac, tankless water heaters, siding

• modern amenities reduce maintenance costs and enhance tenant satisfaction

• strong rental demand in the area supports consistent occupancy rates

• spacious and well-manicured yards increase appeal

  • Property Type

    Residential Income
  • County

    Butte
  • Style

    Residential Income
  • AD ID

    49672518

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Property Appliances: Dryer,Washer
    • Fireplace: None

    Cooling Features

    • Central Air
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0
  • Building Information

    • Year Built: 1948
    • Building Area Total: 1,750

    Pool Features

    • None
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.18
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7841
  • Listing Price Information

    • Original List Price: 635,000
    • Listing Contract Date: 2025-05-08

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 003444050000
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Postal Code Plus 4: 2688
    • Directions: From downtown Chico, head north on Esplanade. Turn right onto East 3rd Avenue. The destination will be on your left.
    • Zoning: R2
    • Source Property Type: Residential Income
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 77
    • Common Walls: No Common Walls
    • Structure Type: Mixed Use
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 05/13/2025 @ 22:52

  • MLS: SN25102642
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 1,750 sqft, 7,841 sized lot, and 0 parking. are nearby neighborhoods.