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1122 Stewart Avenue

Chico, CA 95926
  • $1,049,000
  • STATUS: Active
  • ON SITE: 190 Days
  • MLS #: SN24217204
UPDATED: 35 min ago
$1,049,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1908
County:

School Ratings & Info

Listing Agent(s): Michael Lee of Ryno Company (530-343-2959)


Description

Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico!Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio.All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining.Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the propertys strong rental history, makes it a wise investment with immediate income potential.Key Features: 4 units with functional layouts Prime location near Chico State, shopping, and dining Strong rental history with excellent income potential Off-street parking and shared outdoor spaces Ideal for investors seeking stable, long-term returns Potential to add an additional unit at the rear of the property (utilities already trenched) Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms New mini split air conditioning (3 years old) in each unit Washer and dryer in all units except unit 2Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender.Please do not disturb tenants. No showings without an accepted offer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T18:35:31.163. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/156982465
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1122 Stewart Avenue Chico, CA 95926

  • Price: $1,049,000
  • Status: Active
  • On Site: 190 Days
  • Updated: 35 min ago
  • MLS #: SN24217204
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1908
Built
County:
Butte
Property Description
Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico!Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio.All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining.Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the propertys strong rental history, makes it a wise investment with immediate income potential.Key Features: 4 units with functional layouts Prime location near Chico State, shopping, and dining Strong rental history with excellent income potential Off-street parking and shared outdoor spaces Ideal for investors seeking stable, long-term returns Potential to add an additional unit at the rear of the property (utilities already trenched) Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms New mini split air conditioning (3 years old) in each unit Washer and dryer in all units except unit 2Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender.Please do not disturb tenants. No showings without an accepted offer.
Exterior Features

Entry Level 1 Entry Location Front Lot Features 2-5 Units/AcreNear Public TransitPavedRectangular LotStreet Level Number Of Separate Electric Meters 4 Parking Features GravelOff StreetPaved Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No

Interior Features

Appliances Built-In RangeDishwasherGas OvenMicrowaveRefrigeratorWater HeaterDryerWasher Common Walls No Common Walls Cooling Ductless Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Ductless Heating YN Yes Interior Features Ceiling Fan(s)Open FloorplanWalk-In Closet(s)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingStreet LightsSidewalksUrban Current Financing Conventional Electric Expense 120 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 78000 Insurance Expense 2500 Land Lease YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanConventional Net Operating Income 47481 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 28959 Property Condition Turnkey Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1200 Vacancy Allowance 1560 Water Sewer Expense 1200 Water Source Public Zoning R1



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T18:35:31.163. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Michael Lee of Ryno Company (530-343-2959)