997 E 16th , Chico, CA 95928
Investment opportunity with three separate homes situated on .83-acre lot o...
$989,000
Investment opportunity with three separate homes situated on .83-acre lot offering significant future potential. Explore the possibility of adding additional ADUs and potential lot split options (buyer to investigate and confirm with city/county planning departments). Perfect setup for rental income, multigenerational living, or phased development. Existing homes provide immediate usability while future improvements create substantial upside. Rare combination of current cash flow and future expansion opportunity.
Additional Information

Schedule a Showing
Year Built:1962
Size:3854 Sq. Ft.
Lot Size:0.83 Acres
Price:$256.62 per Sq. Ft.
MLS ID:SN26099676
Listing Type:Residential Income
Address
  • Internet Published
  • Income
  • Monthly Gross Income: $7800.00
  • Net Operating Income: $68341.00
  • Pool
  • Pool Type: None
  • Sale Type
  • Sale Type: Standard