Homes for sale - 890 E 9th Street, Chico, CA 95928

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SN24130414

Bedrooms 8

HOA Y/N No

Lot Size 0.380 Acres

Lot Dimensions 125 x 134

Property Description

Fantastic, hard-to-find, and very well-maintained, the "Peppertree Apartments" in Chico, CA, presents an excellent investment opportunity. This well-established complex consists of 17 units, including 16 two-bedroom, one-bath units, and one one-bedroom, one-bath unit. Over the past few years, most units have been thoughtfully updated with vinyl plank flooring, modern ceiling fans, and stylish light fixtures. The apartments feature wall cooling, gas wall heating, and newer dual-pane windows. Recent upgrades also include new countertops in many of the units, refurbished roofing, and an enhanced courtyard. The courtyard is so clean and offers a welcoming space for residents to relax and enjoy. There is convenient on-site parking and off-street parking and a seller-owned on-site laundromat with coin-operated washers and dryers. The complex benefits from high occupancy rates, with units rarely vacant. Conveniently located near the freeway, park, and downtown, one unit is occupied by an on-site manager, with rent credit reflected accordingly.
Fantastic, hard-to-find, and very well-maintained, the "Peppertree Apartments" in Chico, CA, presents an excellent investment opportunity. This well-established complex consists of 17 units, including 16 two-bedroom, one-bath units, and one one-bedroom, one-bath unit. Over the past few years, most units have been thoughtfully updated with vinyl plank flooring, modern ceiling fans, and stylish light fixtures. The apartments feature wall cooling, gas wall heating, and newer dual-pane windows. Recent upgrades also include new countertops in many of the units, refurbished roofing, and an enhanced courtyard. The courtyard is so clean and offers a welcoming space for residents to relax and enjoy. There is convenient on-site parking and off-street parking and a seller-owned on-site laundromat with coin-operated washers and dryers. The complex benefits from high occupancy rates, with units rarely vacant. Conveniently located near the freeway, park, and downtown, one unit is occupied by an on-site manager, with rent credit reflected accordingly.

Location

State CA

County Butte

Area Chico (95928)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Exterior Feature Stucco

Building

Lot Description Corner Lot,Curbs,Sidewalks

Story 2

Level or Stories 2 Story

Others

Acceptable Financing Cash,Exchange

Space Rent $1,200

Listing Terms Cash,Exchange