Sold

1166 Hobart Street

Chico CA, 95926

$1,000,000


$183.42 per sqft

Sold

5,452 sqft

Multi-family

Built in 1983

Listed by Spencer Moyer with Alive Commercial Real Estate 916-314-7005

1166 Hobart Street is a turn-key fourplex ideally located in the heart of Chico, CA. Most notably, the property is walking distance to CSUC (0.5 miles) and Enloe Hospital (0.4 mi), allowing for flexibility in student and non student rental demand. The building is comprised of (four) four-bedroom, two-bathroom floor plans boasting 1,363 SF each with sizable back yards. The property's strong operating history, recent capital improvements and below market rents will allow a new owner the ability to take ownership of a turn-key building and move rents to market without the headache of major renovations. Contact listing agent for full offering memorandum.

SN22243269

MLS ID

November 7, 2022

Listed

March 23, 2024

Updated

Map

1166 Hobart Street
Chico CA, 95926

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

11-15 Units/Acre, Back Yard


Sewer

Unknown

Other Property Details

Days on Market

8


Garage

No


Parking

Uncovered


Parking Total

0


View

No


County

Butte


Water Source

Public


Pool

No


Pool Features

None


Zoning

R3


Buyer Agency Compensation

2.5%

Listing Contact: 916-314-7005 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:36 AM UTC

 

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