986 Salem

Chico, CA 95928
  • $450,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 2,986

    SqFt
  • 0.13

    Acre

About the Listing SNSDRE - CH157001145

Investment opportunity with tons of potential in a great Chico location! Situated on a tree-lined corner lot, this unique property features four separate units, including a two-story triplex and a detached one-bedroom cottage. Full of character and opportunity, this property is ready for someone with a little vision and a willingness to put in some TLC! The triplex includes two downstairs units and one larger upstairs unit. 986 Salem is a one-bedroom, one-bath unit featuring hardwood floors, separate living and dining areas, and a quaint kitchen. 986 ½ Salem offers one bedroom, one bathroom, an open kitchen, and direct access to the backyard, which has previously been used for gardening. Upstairs, 988 Salem features two bedrooms, a spacious bonus room offering additional storage or flexible-use space, a Jack-and-Jill bathroom with a tile shower, hardwood floors, and a gas range. Tucked away from the main building, 988 ½ Salem is a detached one-bedroom, one-bath cottage featuring an open kitchen and living area, a separate indoor laundry room, a new electric range, and access to the yard. The units have window air conditioning units and wall furnaces, while mature trees provide plenty of shade and add to the property's established charm. The property does need some repairs and updating, but with four individual addresses, a variety of unit layouts, and a convenient Chico location, there's plenty of potential to make improvements and add value over time. Whether you're looking to expand your investment portfolio or take on a property with upside potential, this could be a great opportunity to make it your own!

Listing Highlights for 986 Salem

Status Active
Days on Site 7
Property Type Multi-Family
MLS ® SN26232805
Year Built 1905
Total Square Footage 2,986
Lot/Acreage 0.13
County Butte

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Carpet,Laminate,Wood
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,Corner Lot,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 005093007000
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Listing Location

Questions About..

986 Salem Chico, CA 95928

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Originating MLS: CRMLS

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