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Sam And Eliza Othman

realtor@othmanteam.com +1(951) 333-5100

$ 499,000

Est. payment -/mo

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Active

1001 Salem ST Chico, CA 95928

7,840 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN25099724

HOA Y/N No

Year Built 1981

Lot Size 7,840 Sqft

Property Sub-Type Triplex

Property Description

Discover a well-maintained, owner-occupied investment property in a desirable Chico location. This 3-unit building offers a comfortable live-in unit plus two turnkey rental units, creating an appealing combination of steady cash flow and personal living convenience. What makes it special: Owner-occupied layout: Live in a well-appointed unit with private entry. Ideally located just minutes from Chico State, Historic Downtown, and local dining and shopping, this tri-plex offers both convenience and long-term rental appeal. The property includes three separate units, a 2-bedroom, 1-bathroom, a 1-bedroom, 1-bathroom, and a studio, each with its own fenced backyard and shaded by mature trees, creating a comfortable and private setting for tenants. Two of the units have been recently remodeled, and all units are currently occupied by long-term tenants, providing immediate, stable income. A brand new 30-year roof across all three units adds long-term value and peace of mind for the next owner. Whether you're looking to live in one unit while offsetting expenses or expand your portfolio with a well-positioned asset, this property offers a strong combination of location, functionality, and consistent rental demand. Tenant-occupied. Showings by APPOINTMENT ONLY!

Location

State CA

County Butte

Zoning R3

Interior

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range, Gas Oven, Gas Range, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan

Laundry None

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Concrete, Driveway, Driveway Up Slope From Street, On Site, One Space

Fence Wood

Pool None

Community Features Curbs, Gutter(s), Suburban, Sidewalks

Utilities Available Electricity Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Accessibility Low Pile Carpet, None

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Front Yard, Lawn, Near Public Transit, Rectangular Lot, Street Level

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 005094018000

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Tamara Lambert Thrive Real Estate Company 530-520-5777, DRE #01728469

Nearby Locations

Sam And Eliza Othman

Broker Associate | License ID: 00928035 - 00961200

+1(951) 333-5100

Sam And Eliza Othman

1001 Salem ST Chico, CA 95928

Key Details

Location

Interior

Exterior

Building

Others

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1001 Salem ST