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1001 Salem St Chico, CA 95928

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For Sale
$499,000

Remodeled triplex near Chico State with immediate income potential.

Lot size:
0.18 Acres

Property Features for 1001 Salem St

General Information

Property type
Investment
Standard status
Active
Lot size
0.18 Acres

Building Details

Year built
1981

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Listing Contact
Tamara Lambert
Source: Elliman

Listing Agent: Tamara Lambert

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Chico Triplex Near Chico State

This well-maintained triplex is located in a prime Chico location, minutes from Chico State, Historic Downtown, and local dining and shopping. The property features three separate units, each with its own fenced backyard and shaded by mature trees. The unit mix includes a 2-bedroom, 1-bathroom unit, a 1-bedroom, 1-bathroom unit, and a studio. Two of the units have been recently remodeled. All units are currently rented to long-term tenants, offering immediate income potential. This property presents an opportunity for investors looking to expand their portfolio.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Chico
County
Butte
State
California
Longitude
-121.8351876
Latitude
39.7233749

FAQs

What type of property is this?
Triplex - Remodeled triplex near Chico State with immediate income potential.
Where is this triplex located?
The property is located at 1001 Salem St Chico, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: - Prime Location: Minutes from Chico State, Downtown, dining, and shopping.; - Tri-Plex: Three separate units (2-bed, 1-bed, studio) each with a fenced backyard.; - Immediate Income Potential: All units currently rented to long-term tenants.
More about this property
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