533 Orange St, CHICO, CA

$2,550,000

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14,240

Square feet

0.65

Acres

About 533 Orange St

Exclusive Investment Opportunity in Chico, CA This Recently Constructed multifamily asset presents an opportunity to acquire an 8- unit, 3 story townhome community built in 2014 on the corner of Orange and W 6 Streets in Chicos South Campus neighborhood, walking distance to Chico State. Designed with student housing in mind, all units are spacious 3-bedroom/3-bath townhomes with attached 2-car garages, offering a more upscale product than the typical Chico rental stock. The propertys small unit count and single-building footprint make it a manageable, turnkey hold for an investor looking to enter the Chico student- housing market without taking on a large-scale asset. Property Highlights 8 total units in a 3-story, townhome-style building Unit mix: all 8 units are 3 bed/3 bath (private bath per bedroom Attached 2-car garage per unit + 10 additional parking spaces South Campus Neighborhood - walking distance to CSU Chico and downtown Chico Managed by Hill Properties Granite countertops, vinyl plank flooring, full-size in-unit washer/dryer Individually controlled thermostats per bedroom (room-by-room climate control) plus in-unit A/C Landscaping service included by ownership; tenants historically pay a monthly utility surcharge for water/sewer/trash plus a share of PG&E

Features of 533 Orange St

MLS® # ML82061341
Price $2,550,000
Square Footage 14,240
Acres 0.65
Year Built 2014
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 533 Orange St
Area Other Area
City CHICO
County Butte
State CA
Zip Code 95928

Amenities

Utilities Public Utilities
Garages Attached Garage
Is Waterfront No
Has Pool No

Interior

Heating Central Forced Air
Cooling Multi-Zone
Fireplace No

Exterior

Roof Other
Foundation Concrete Slab

Additional Information

Zoning r3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSteve Belluomini
OfficeCorcoran Icon Properties
Contact Info(916)-769-5299

Listing Map

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