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541 W 5th Street , #1

Chico, CA 95928
  • $847,500
  • STATUS: Active
  • ON SITE: 129 Days
  • ID#: SN24229027
$847,500
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1907
County:

School Ratings & Info

Listing Agent(s): Shane Collins of Re/Max of Chico (530-896-9300)


Description

Welcome to 541 W 5th St, a fantastic 7-unit property in the vibrant heart of downtown Chico! This historic multi-family residence offers prime access to the city's bustling dining, shopping, and entertainment and is just blocks away from Chico State University"an ideal location for those seeking convenience and connection to all that downtown has to offer. Several long-term tenants have called this property home for years, making it an excellent investment opportunity. Dont miss out on this rare chance to own a prime income property in downtown Chico!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/157656136
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541 W 5th Street , #1 Chico, CA 95928

  • Price: $847,500
  • Status: Active
  • On Site: 129 Days
  • ID#: SN24229027
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1907
Built
County:
Butte
Property Description
Welcome to 541 W 5th St, a fantastic 7-unit property in the vibrant heart of downtown Chico! This historic multi-family residence offers prime access to the city's bustling dining, shopping, and entertainment and is just blocks away from Chico State University"an ideal location for those seeking convenience and connection to all that downtown has to offer. Several long-term tenants have called this property home for years, making it an excellent investment opportunity. Dont miss out on this rare chance to own a prime income property in downtown Chico!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Level Number Of Separate Electric Meters 7 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DryerWasher Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Garage YN No Gross Income 82140 Gross Scheduled Income 82140 Insurance Expense 5500 Land Lease YN No Laundry Features Common AreaOutside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Owner May Carry Maintenance Expense 2168.7 Net Operating Income 67927 New Construction YN No New Taxes Expense 9190 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 7 Operating Expense 14213 Pest Control Expense 0 Pool Expense 0 Possession Close Of Escrow Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays Cable TVElectricityGas Trash Expense 588.24 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 1643 Vacancy Allowance Rate 2 Water Sewer Expense 3600 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Shane Collins of Re/Max of Chico (530-896-9300)