1166 Hobart Street is a turn-key fourplex ideally located in the heart of Chico, CA. Most notably, the property is walking distance to CSUC (0.5 miles) and Enloe Hospital (0.4 mi), allowing for flexibility in student and non student rental demand. The building is comprised of (four) four-bedroom, two-bathroom floor plans boasting 1,363 SF each with sizable back yards. The property's strong operating history, recent capital improvements and below market rents will allow a new owner the ability to take ownership of a turn-key building and move rents to market without the headache of major renovations. Contact listing agent for full offering memorandum.
Sold for $650,000 on 08/14/23
Listing Provided by:
Spencer Moyer DRE #01940191 916-885-4205,
Alive Commercial Real Estate
Bought with: Parkway Real Estate Co.
$650,000
1166 Hobart St, Chico, CA 95926
16beds
8baths
5,452sqft
Quadruplex
Built in 1983
-- sqft lot
$955,900 Zestimate®
$119/sqft
$1,057 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 01, 2023 at 07:47am
Listing Provided by:
Spencer Moyer DRE #01940191 916-885-4205,
Alive Commercial Real Estate
Bought with:
Wren Jones, DRE #02017208
Parkway Real Estate Co.
Source: CRMLS,MLS#: SN22243269
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 1 Common Wall,No One Above
Interior area
- Total structure area: 5,452
- Total interior livable area: 5,452 sqft
Property
Parking
- Parking features: Uncovered
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 9,583 sqft
- Features: 11-15 Units/Acre, Back Yard
Details
- Parcel number: 003054005000
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Foothills
Location
- Region: Chico
Other
Other facts
- Listing terms: Conventional