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609 Rancheria

Chico, CA 95926
  • $1,285,000
  • STATUS: Active
  • ON SITE: 97 Days
  • ID#: SN25268516
UPDATED: 68 min ago
$1,285,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1968
County:

School Ratings & Info

Listing Agent(s): Trevor White of Atrix Real Estate (530-809-4886)


Description

Exceptional investment opportunity near CSUC. This well-maintained 5-unit complex features spacious 3-bed/2-bath floor plans, each with full-sized washer/dryer. Kitchens have updated cabinets, countertops, and new appliances including stoves and refrigerators. Large upstairs bedrooms with dual closets add to tenant appeal. Major upgrades include dual-pane windows (2007), new roof (2013), upgraded blinds (2017), and new water heaters. Fully leased through June of 2026, offering stable income in a high-demand location.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T19:32:03.493. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171006258
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609 Rancheria Chico, CA 95926

  • Price: $1,285,000
  • Status: Active
  • On Site: 97 Days
  • Updated: 68 min ago
  • ID#: SN25268516
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1968
Built
County:
Butte
Property Description
Exceptional investment opportunity near CSUC. This well-maintained 5-unit complex features spacious 3-bed/2-bath floor plans, each with full-sized washer/dryer. Kitchens have updated cabinets, countertops, and new appliances including stoves and refrigerators. Large upstairs bedrooms with dual closets add to tenant appeal. Major upgrades include dual-pane windows (2007), new roof (2013), upgraded blinds (2017), and new water heaters. Fully leased through June of 2026, offering stable income in a high-demand location.
Exterior Features

Entry Level 1 Entry Location Front Foundation Details Slab Lot Features LandscapedPavedSprinkler SystemTrees Number Of Separate Electric Meters 5 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof FlatTar/Gravel Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances DishwasherDisposalGas OvenGas RangeRefrigeratorDryerWasher Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetTile Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Granite CountersTile CountersBedroom on Main Level Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 112500 Gross Scheduled Income 112500 Insurance Expense 4291 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Maintenance Expense 1200 Net Operating Income 89699 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Number Of Units Leased 5 Operating Expense 22801.1 Property Condition Updated/Remodeled Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGasSewerTelephoneWater Total Actual Rent 9375 Trash Expense 2455 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T19:32:03.493. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Trevor White of Atrix Real Estate (530-809-4886)