494 E 5th St Chico, CA 95928

Listing agency Brent Silberbauer Real estate

Listed by Brent Silberbauer · License #DRE #02019819

Source Crexi

Added: Apr 11 Updated: Jul 21 at 9:38PM Checked: Jul 21 at 9:38PM

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Investment Insights

Based on property information with market context.

494 E. 5th St. is a renovated multifamily offering 5 total units, including a triplex plus two separate additional dwelling units. The property has been updated throughout with a new roof, new electrical and plumbing, and new mini-splits with heat pump. Interior finishes and key components include new granite counters, custom doors and windows, and new appliance packages. Exterior improvements include a new porch and overhang.

Located on the edge of Chico’s Golden Triangle, the property is positioned for convenient access to downtown dining, shopping, nightlife, and Bidwell Park. The remarks also note access to Highway 99 and Highway 32 for driving to most places in Chico in about 10 minutes or less. Chico State is described as nearby, with the area characterized as calm and quiet, rather than a student-focused setting. The current offering is described as aligned with strong demand for smaller units.

Key Highlights

• Recently renovated 5‑unit multifamily property at 494 E. 5th St
• Improvements include a new roof, new electrical, and new plumbing
• Each unit features new mini‑splits with heat pump

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FAQs

What type of property is this?

Apartment building - A recently renovated 5-unit multifamily property with new roof, electrical, plumbing, and mini-splits with heat pump.

Where is this apartment building located?

The property is located at 494 E 5th St Chico, CA.

What are key features of this property?

This property features: Recently renovated 5‑unit multifamily property at 494 E. 5th St; Improvements include a new roof, new electrical, and new plumbing; Each unit features new mini‑splits with heat pump