This one is as good as it gets when it comes to having a prime location for an investment property! Great 5 bedroom home that is only 2 blocks to Chico State University and within easy walking distance to everything that your student-tenants could possibly want. The property is well maintained inside and out and offers low maintenance landscaping as well as newer exterior paint, roof and laminate flooring... Properties in this area are ALWAYS in demand for those students that want to live right in the heart of it all. Currently fully occupied on an annual lease that runs through the end of the 2024-2025 school year - it is ready for a buyer to step in and begin collecting cash flow from day one of ownership.
Sold for $540,000 on 08/08/25
Listing Provided by:
Dan Bosch DRE #01236305 530-896-9300,
Re/Max of Chico
Bought with: Brian Bernedo Real Estate
$540,000
709 W 2nd St, Chico, CA 95928
5beds
2baths
1,534sqft
Multi Family
Built in 1895
-- sqft lot
$534,900 Zestimate®
$352/sqft
$2,493 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 09, 2025 at 02:39pm
Listing Provided by:
Dan Bosch DRE #01236305 530-896-9300,
Re/Max of Chico
Bought with:
Brian Bernedo, DRE #01822607
Brian Bernedo Real Estate
Source: CRMLS,MLS#: SN25137197
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,534
- Total interior livable area: 1,534 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 8,712 sqft
- Features: Corner Lot
Details
- Parcel number: 004045004000
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Senior living
- Senior community: Yes
Location
- Region: Chico
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange