1712 Sherman Ave - Apartments FOR SALE


Chico, CA 95926
$550,000 USD
530-433-4231
1712 Sherman Ave, Chico, CA for Sale
$550,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

1712 Sherman Ave
Chico, CA 95926


OVERVIEW

Charming Tri-Plex in the Heart of Chico – Always Rented! This centrally located tri-plex features three separate buildings at 1712, 1716, and 1722 Sherman Avenue. Each unit offers a functional layout with a downstairs bedroom and an additional loft-style bedroom upstairs. Unit 1722 includes the added bonus of a quarter bath upstairs and a full bath on the main level. All three homes include their own laundry room, kitchen, and living area, along with charming details like hardwood flooring and wood-cased windows. Each unit also enjoys its own private front and backyard space, individual driveways for parking. The property also includes the large lot on the corner! A fantastic investment opportunity with consistent rental history in a great Chico location!

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$255 USD /SF

# OF UNITS

3

PRICE/UNIT

$183,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

R2

APN/PARCEL ID

003-460-009-000

ASK ABOUT THIS PROPERTY

John BarrosoBarroso Real Estate TeamMore Info
530-433-4231

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John BarrosoBarroso Real Estate TeamMore Info
530-433-4231

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.