E Rancheria Dr, Chico, CA 95926
- Sqft
- 3,604
View property features, location on map, relevant school information and overview from seller's agent.
- 0
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Overview
Well-maintained 4-unit investment property located just minutes from Chico State University, offering strong income history and excellent long-term upside. Each unit features a functional layout with consistent tenant demand in a highly desirable rental pocket near campus, shopping, and public transportation. The property has an ability to generate $6,000+/month in rental income, making it an attractive opportunity for both seasoned investors and owner-occupants looking to offset living expenses. With a projected cap rate of approximately 7.2%, this asset delivers solid cash flow with potential for future rent growth. Situated in a prime location known for stable occupancy and high rental demand, this property presents a rare opportunity to acquire a performing multifamily asset in the Chico market. Ideal for investors seeking immediate income with additional upside potential. Buyer to verify all information including income, expenses, and property details.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Square feet
- 3,604
- Lot size (acres)
- 0.21
- Year built
- 1971
Interior features
- Laundry
- Other
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Central
- Cooling
- Window Units, Central Air, Ceiling Fans
- Sewer
- Septic System
- Water
- Public Water
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bay Area Real Estate Information Services MLS®#: 226040537 Last checked: …

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