575 East Avenue, Chico, CA 95926 - Berkshire Hathaway HomeServices California Properties

575 East Avenue, Chico, CA 95926

$333,333 Approx. USD 0 beds, 0 baths

Listing Agent


Nikos Krohn | nikoskrohn@gmail.com
Lic#: 01899616
Broker: Courtesy of Nikos Krohn Realty

Agent Remarks

This building generates nearly $40,0000 a year in annual rents with opportunity for more upside! Excellent investment opportunity! Very hard to find a cash cow updated commercial building on highly visible East Avenue in Chico at this price point. All six units are fully rented with one to two year leases. Property has six PG&E meters. The size and price point of these units are very desirable and have rented easily. All tenants have expressed desire to stay! Three of the units have been remodeled in the last couple months with modern flooring and new paint! This property comes with two jack and jill bathrooms and one unit that has a full bath. The exterior of the building has also been given a face lift with striking black and white paint. Commercial properties like this one at this price point do not become available often!

Listing Details

Property type: Mixed Use (Commercial)
Status: Active
MLS# SN25083958
Price: $333,333
Built in 1954
0.21 acres
Lot size: 0.2100
County: Butte
Lot description: SixToTenUnitsAcre
Heating description: Central

Last Updated: 4/19/2025

 Days On Market (DOM): 18

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Lat/Long: 39.761401, -121.852201.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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