544 W 3rd St - Apartments FOR SALE


Chico, CA 95928- Downtown Chico
$1,132,800 USD
530-570-5107
544 W 3rd St, Chico, CA for Sale
$1,132,800 USD
Apartments - FOR SALE
1/14
null | 5.5% Cap Rate

544 W 3rd St
Chico, CA 95928
Downtown Chico


OVERVIEW

544 W 3rd Street, Chico, CA offers a fully-leased multi-tenant investment opportunity one block from California State University, Chico. Known as the “Stumble House,” this property spans three levels including a finished basement with separate entrance. It features original Douglas fir flooring, built-in elements, and vintage charm. Part of the Language Houses group, the building has a stable rental history with consistent annual increases and early pre-leasing. Amenities include in-unit washer and dryer and off-street parking. The asset operates at a 5.5% cap rate with solid cash flow.

FOR SALE DETAILS

PRICE

$1,132,800 USD

PRICE/SF

$330 USD /SF

# OF UNITS

3

PRICE/UNIT

$377,600

CAP RATE

5.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1914

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,494 SF

ZONING

-

APN/PARCEL ID

004-047-013-000

ASK ABOUT THIS PROPERTY

Carrie WelchCapital Rivers CommercialMore Info
530-570-5107

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Carrie WelchCapital Rivers CommercialMore Info
530-570-5107

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