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Listed by Carrie Welch • Capital Rivers Commercial Inc
$1,132,800
Est. payment /mo
5,663 Sqft Lot
Active
544 W 3rd ST Chico, CA 95928
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSN25143526
Year Built 1914
Lot Size 5,663 Sqft
Source California Regional MLS
Property Description
544 W 3rd Street, Chico, CA offers a fully-leased multi-tenant investment opportunity one block from California State University, Chico. Known as the "Stumble House," this property spans three levels including a finished basement with separate entrance. It features original Douglas fir flooring, built-in elements, and vintage charm. Part of the Language Houses group, the building has a stable rental history with consistent annual increases and early pre-leasing. Amenities include in-unit washer and dryer and off-street parking. The asset operates at a 5.5% cap rate with solid cash flow and can be purchased with 536 W 3rd St.
Location
State CA
County Butte
Interior
Heating Central Forced Air
Cooling Central AC, Window / Wall Unit
Laundry Other
Exterior
Garage Spaces 4.0
Pool 31, None
Building
Lot Description Grade - Level
Story Three or More Stories
Water District - Public
Others
Tax ID 004047013000
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