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$785,000

For Sale

An hour ago

16 Regent Ln, Chico, CA

House

MLS® 226126514

0 Bed

0 Bath

3420 sqft

8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3420 sqft
Garage 
Taxes 
Days Active 0
Lot Size 0.26 Acres
Approx. Age 1968
Avg. Price Per Sqft $229
MLS® Number 226126514

Property Address: 16 Regent Ln, Chico, CA, 95973-8707

Average square foot calculated using Size range provided by listing agent.

Description

16 Regent Ln Chico, CA 95973 presents an exceptional investment opportunity to purchase a 4 unit multifamily asset just minutes from Chico State University. With one unit bringing in $1, 875/mo and three units vacant, there is the opportunity for a Buyer to live in one unit while offsetting their mortgage with the other three units rented by tenants of their choice or an investor can choose their own tenants to total four cash-flowing units. Three units are 2bed/1bath and one unit is 1bed/1bath. All four units conveniently feature central HVAC, fenced yards, common-area laundry, and assigned parking creating tenant convenience and demand. Many upgrades have been completed including new electrical panels/wiring, windows, siding, flooring, paint, etc. Upon renting all four units, the property will expect to bring in upwards of $7k/mo+ with an achievable proforma cap rate of 7.5%+. Featuring a convenient location, many upgrades, and a proven attainable proforma income, this property offers undeniable potential and presents the opportunity to own a well-positioned cash-flowing asset for years to come.
MLS® Number226126514
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1968
Basement
DrivewayAttached, Off Street, Carport, Covered, Varies by Unit
Garage Spaces
HeatCentral
A/CCentral

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 9, 2026List Date
$785,000List Price
  • Commute

Commute

Starting Address
Destination Address
16 Regent Ln, Chico, CA

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