Chico, CA 95926,1500 Sheridan AVE
Chico, CA 95926,1500 Sheridan AVE,Video Tour
Chico, CA 95926,1500 Sheridan AVE
42
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$1,595,000
Est. payment /mo
0.26 Acres Lot
New

1500 Sheridan AVE Chico, CA 95926

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Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN25096646

HOA Y/N No

Year Built 1965

Lot Size 0.260 Acres

Property Sub-Type Mixed Use

Property Description

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 bedrooms/bathrooms: 14 beds, 9 baths
• Total living area: ~5,870 sq ft
• Unit sizes: Ranging from 565 to 790 sq ft ?

• Laundry on site
• Centrally located
• Quiet, friendly community setting
• Easy access to shopping, dining, and public transportation

• Highly attractive location for a variety of renters
• Modern amenities reduce maintenance costs and enhance tenant satisfaction
• Strong rental demand in the area supports consistent occupancy rates

Location

State CA

County Butte

Zoning CITY

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Range, Microwave, Refrigerator

Laundry Common Area

Exterior

Parking Features Paved

Pool None

Community Features Biking, Curbs, Street Lights, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 9

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 003460016000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Michael Lee • Ryno Company • 5305703222

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agent

Dushaun Fairley

Realtor® | License ID: 01805142

+1(619) 454-0903

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1500 Sheridan AVE