2244 Elm , Chico, CA 95928
Investor opportunity with built-in income potential! Situated on two lots, ...		4 Bed 2 Bath
$450,000
Investor opportunity with built-in income potential! Situated on two lots, this unique property offers endless possibilities for investors or first-time buyers looking to offset their mortgage with rental income. The main home is vacant, turnkey, and move-in ready, featuring 2 bedrooms, 1 bathroom, updated laminate flooring, fresh interior paint, a bonus office space, indoor laundry, and a cozy kitchen with a breakfast nook. There is a long driveway for off-street parking, a newer roof, and a newer HVAC system. Behind the main house is 2242 Elm, a second 2-bedroom, 1-bathroom home with a bonus room or office that is currently tenant-occupied, providing immediate rental income. The additional vacant lot offers even more potential — create a large garden, add RV parking, or explore the possibility of building additional homes to maximize investment income (plans have been drawn up for a 3/2 and 2/1). Conveniently located near downtown, freeway access, shopping, and everyday amenities, this versatile property is packed with opportunity!
Additional Information

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Year Built:1947
Size:1906 Sq. Ft.
Lot Size:0.28 Acres
Price:$236.10 per Sq. Ft.
MLS ID:SN26113562
Listing Type:Residential
Property Type:Single Family Residence
Address
  • Internet Published
    • Pool
  • Pool Type: None
    • Sale Type
  • Sale Type: Standard




    • Information Provided Courtesy of Wren Jones of Parkway Real Estate Co. and . Listing data provided by CRMLS, last updated 5/27/2026 23 minutes ago.
    Based on information from California Regional Multiple Listing Service, Inc. as of 5/27/2026 7:15:00 AM. 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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