615 Rancheria Drive, Chico, CA 95926
615 Rancheria Drive, Chico, CA 95926
615 Rancheria Drive, Chico, CA 95926
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$699,000
Est. payment /mo
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8 Beds
4 Baths
9,148 Sqft Lot
New

615 Rancheria Drive Chico, CA 95926

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26064060

Bedrooms 8

Lot Size 9,148 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Exceptional investment opportunity just steps from California State University, Chico! This well-located fourplex at 615 Rancheria Dr. offers strong rental history and exceptional income potential in one of Chicos most desirable student housing areas. Situated directly behind Chico State, the property benefits from consistent tenant demand, making it an ideal addition to any investors portfolio. The property features [4] units with a functional and modern layout, providing steady income potential and opportunity for future upside. Tenants will appreciate the proximity to campus, downtown Chico, local dining, shopping, and public transportation. The location alone ensures high occupancy and long-term desirability. Whether youre a seasoned investor or looking to get started in multifamily real estate, this is a rare chance to own a property in a prime Chico rental market. Dont miss the opportunity to capitalize on location, demand, and growth potential.

Location

State CA

County Butte

Zoning Seller

Direction From CA-99, exit East Ave. Head west, turn right on Cohasset Rd, then left on Rancheria Dr.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Utilities Available Septic Installed

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 043180031000

Acceptable Financing Cash, FHA, VA

Listing Terms Cash, FHA, VA


MLS Router / San Diego MLS
Listed by Sam Mickens, DRE#01973466 NexGen Real Estate 

NEARBY SCHOOL & BUSINESS

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Jason Fogelman

Jason Fogelman

Realtor / North County Regional Manager | CA DRE#01374456

+1(858) 204-4262

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615 Rancheria Drive