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$1,595,000
1500 Sheridan Avenue
Chico, CA 95926
Size5870 Sq Ft ($271.72/ Sq Ft)
Lot Size0.26 Acres
Year Built1965
Listing TypeResidential Income
ZoningCITY
MLS Listing IDSN25096646
Published Date5/1/2025 4 days ago
Listing Modified5/1/2025 4:40:00 PM 4 days ago
1500 Sheridan Avenue is a well-maintained, multifamily residential property in the heart of Chico, California. The property presents a strong opportunity for both stable cash flow and value-add potential. Situated in a desirable residential neighborhood, the property benefits from proximity to California State University, Chico, Enloe Medical Center, and Chico's downtown amenities. The area has consistent rental demand due to its combination of student, professional, and long-term residential populations. Access to public transportation and nearby retail increases its appeal for tenants. • Total units: 8 (all renovated) • Unit configurations: 1 to 2 bedrooms, 1 to 2 bathrooms • Total bed... Read More
Head north on Main Street. Turn right onto East 1st Avenue. Continue for approximately 1 mile. Turn left onto Sheridan Avenue. Proceed about 0.3 miles; 1500 Sheridan Ave will be on your right.
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    • Income
  • Monthly Gross Income: $129960.00
  • Net Operating Income: $83068.00
    • Pool
  • Pool Type: None
    • Sale Type
  • Sale Type: Standard
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    Information Provided Courtesy of Michael Lee of Ryno Company and Ryan Vaught of Ryno Company. Listing data provided by CRMLS, last updated 5/5/2025 31 minutes ago.
    Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2025 4:40:00 PM. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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