Chico, CA 95926,1612 Neal Dow
Chico, CA 95926,1612 Neal Dow
Chico, CA 95926,1612 Neal Dow
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$1,650,000
Est. payment /mo
0.87 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SN26004411

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1961

Lot Size 0.870 Acres

Property Sub-Type Apartment

Property Description

This premier 13-unit multifamily property presents an exceptional investment opportunity in the heart of central Chico. Ideally located in a highly sought-after area, the property offers convenient access to shopping, dining, entertainment, and major local amenities, making it consistently desirable for tenants. The property is 100% occupied and features a well-balanced unit mix, including seven 1-bedroom/1-bath units, five 2-bedroom/1-bath units, and a separate 2-bedroom single-family residence complete with a private patio and attached two-car garage. Each unit is thoughtfully designed with modern layouts, high-end finishes, and updated appliances. Residents enjoy private amenities along with shared outdoor spaces, including a community garden area, an open grass space and on-site laundry. The combination of modern conveniences, strong occupancy, and an attractive unit mix positions this property for continued demand. With its prime location, quality construction, and upside potential through future rental growth, this multifamily asset offers a compelling opportunity for investors seeking stable income and long-term value appreciation in one of Chico's most desirable rental markets.

Location

State CA

County Butte

Interior

Interior Features Ceiling Fan(s), All Bedrooms Down

Heating Wall Furnace

Cooling Ductless

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Electric Range, Refrigerator, Range Hood

Laundry Common Area

Exterior

Parking Features Garage, On Site, Off Street

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Curbs, Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Accessibility Safe Emergency Egress from Home

Total Parking Spaces 17

Private Pool No

Building

Lot Description Front Yard, Garden, Lawn, Landscaped, Sprinkler System, Trees, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 045142007000

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Trust


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CRMLS – RECore
Listed by Brent Silberbauer eXp Realty of California, Inc. 5308642404

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Sierra View Elementary School

    Public | KG - 6

  • 8

    Chico Country Day

    Public | KG - 8

  • 6

    Core Butte Charter

    Public | KG - 12

  • 6

    Wildflower Open Classroom

    Public | KG - 8

  • 6

    Hooker Oak Elementary School

    Public | KG - 8

  • 6

    Sherwood Montessori

    Public | KG - 8

  • 6

    Parkview Elementary School

    Public | KG - 6

  • 5

    Emma Wilson Elementary School

    Public | KG - 6

  • 5

    Rosedale Elementary School

    Public | KG - 6

  • 5

    Neal Dow Elementary School

    Public | KG - 6

  • 5

    Marigold Elementary School

    Public | KG - 6

  • 5

    Little Chico Creek Elementary School

    Public | KG - 6

  • 4

    Blue Oak Charter

    Public | KG - 8

  • 4

    Pivot Charter School North Valley

    Public | KG - 12

  • 3

    McManus (John A.) Elementary School

    Public | KG - 6

  • 2

    Citrus Avenue Elementary School

    Public | KG - 6

  • 1

    Oakdale

    Public | KG - 12

  • 1

    Chapman Elementary School

    Public | KG - 6

  • 0

    Notre Dame School

    Private | KG - 8

  • 0

    Rose Scott Learning Community

    Private | KG - 10

Middle Schools 5
  • 6

    Bidwell Junior High School

    Public | 7 - 8

  • 6

    Marsh (Harry M.) Junior High School

    Public | 7 - 8

  • 5

    Chico Junior High School

    Public | 7 - 8

  • 1

    Center for Alternative Learning

    Public | 6 - 12

  • 0

    Academy for Change

    Public | 7 - 12

High Schools 6
  • 9

    Inspire School of Arts and Sciences

    Public | 9 - 12

  • 9

    Pleasant Valley High School

    Public | 9 - 12

  • 7

    Chico High School

    Public | 9 - 12

  • 0

    Fair View High (Continuation)

    Public | 9 - 12

  • 0

    Champion Christian School

    Private | 9 - 12

  • 0

    Butte County Regional Occupational Program

    Public | 9 - 12

School and business data provided by Attom Data.

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Melissa Seanez

Melissa Seanez

+1(626) 723-6030

Agent | License ID: 02137015

Agent License ID: 02137015

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