533 Orange ST, Chico, CA 95928
533 Orange ST, Chico, CA 95928
533 Orange ST, Chico, CA 95928
533 Orange ST, Chico, CA 95928
533 Orange ST, Chico, CA 95928
533 Orange ST, Chico, CA 95928
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Scott D. Comstock

Scott D. Comstock

+1(559) 681-9500
Listed by Steve Belluomini • Corcoran Icon Properties, DRE#01095848
$ 2,550,000
Est. payment | /mo

14,240 SqFt

Save
$ 2,550,000
Est. payment | /mo
Save

14,240 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,240 sqft

Price per Sqft $179

MLS Listing ID ML82061341

Year Built 2014

Lot Size 0.650 Acres

Property Sub-Type Five or More Units

Property Description

Exclusive Investment Opportunity in Chico, CA This Recently Constructed multifamily asset presents an opportunity to acquire an 8- unit, 3 story townhome community built in 2014 on the corner of Orange and W 6 Streets in Chicos South Campus neighborhood, walking distance to Chico State. Designed with student housing in mind, all units are spacious 3-bedroom/3-bath townhomes with attached 2-car garages, offering a more upscale product than the typical Chico rental stock. The propertys small unit count and single-building footprint make it a manageable, turnkey hold for an investor looking to enter the Chico student- housing market without taking on a large-scale asset. Property Highlights 8 total units in a 3-story, townhome-style building Unit mix: all 8 units are 3 bed/3 bath (private bath per bedroom Attached 2-car garage per unit + 10 additional parking spaces South Campus Neighborhood - walking distance to CSU Chico and downtown Chico Managed by Hill Properties Granite countertops, vinyl plank flooring, full-size in-unit washer/dryer Individually controlled thermostats per bedroom (room-by-room climate control) plus in-unit A/C Landscaping service included by ownership; tenants historically pay a monthly utility surcharge for water/sewer/trash plus a share of PG&E

Location

State CA

County Butte

Zoning r3

Interior

Heating Central Forced Air

Cooling Multi-Zone

Flooring Carpet, Hardwood

Exterior

Parking Features Attached Garage

Garage Spaces 16.0

Utilities Available Public Utilities

Roof Type Other

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions Other

Tax ID 004-204-006-000

Security Features Other

Special Listing Condition Not Applicable

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NEARBY SCHOOLS & PROPERTIES

Scott D. Comstock

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 681-9500

scott@homesandwealth.com

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533 Orange ST