541 W 5th St - Apartments FOR SALE


Chico, CA 95928- Downtown Chico
$889,000 USD
530-518-1413
541 W 5th St, Chico, CA for Sale
$889,000 USD
Apartments - FOR SALE
1/5
null | 6.18% Cap Rate

541 W 5th St
Chico, CA 95928
Downtown Chico


HIGHLIGHTS

  • Downtown Chico, near Chico State University
  • Several long term tenants
  • Low vacancy rate

OVERVIEW

7-unit property in the vibrant heart of downtown Chico! This historic multi-family residence offers prime access to the city's bustling dining, shopping, and entertainment and is just blocks away from Chico State University—an ideal location for those seeking convenience and connection to all that downtown has to offer. Several long-term tenants have called this property home for years, making it an excellent investment opportunity. Don’t miss out on this rare chance to own a prime income property in downtown Chico!

FOR SALE DETAILS

PRICE

$889,000 USD

PRICE/SF

$284 USD /SF

# OF UNITS

28

PRICE/UNIT

$31,750

CAP RATE

6.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

R3

APN/PARCEL ID

004-213-002-000

ASK ABOUT THIS PROPERTY

Shane CollinsRe/Max of ChicoMore Info
530-518-1413

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Shane CollinsRe/Max of ChicoMore Info
530-518-1413

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.