890 E 9Th Street

Chico, CA 95928

$2,200,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1965

calendar_month Built

Property Description

Fantastic, hard-to-find, and very well-maintained, the "Peppertree Apartments" in Chico, CA, presents an excellent investment opportunity. This well-established complex consists of 17 units, including 16 two-bedroom, one-bath units, and one one-bedroom, one-bath unit. Over the past few years, most units have been thoughtfully updated with vinyl plank flooring, modern ceiling fans, and stylish light fixtures. The apartments feature wall cooling, gas wall heating, and newer dual-pane windows. Recent upgrades also include new countertops in many of the units, refurbished roofing, and an enhanced courtyard. The courtyard is so clean and offers a welcoming space for residents to relax and enjoy. There is convenient on-site parking and off-street parking and a seller-owned on-site laundromat with coin-operated washers and dryers. The complex benefits from high occupancy rates, with units rarely vacant. Conveniently located near the freeway, park, and downtown, one unit is occupied by an on-site manager, with rent credit reflected accordingly.

Listing Information

List Price $2,200,000
Status Active
MLS SN24130414
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1965
Lot Size 16,553
Structure Size N/A
DOM 13
Courtesy Of Parkway Real Estate Co.
Listing Agent MaryAnn Scott DRE#00784476

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room, See Remarks
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Vinyl
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s), Laminate Counters, Tile Counters
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Other Structures
Structures Storage
View Yes

Maps

Listing information courtesy of: MaryAnn Scott, Parkway Real Estate Co. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 19th, 2024 at 11:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.