890 E 9Th Street, Chico, CA 95928

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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.


Interior Features

Laundry Information
Location(s) Common Area, Laundry Room, See Remarks
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Carpet, Vinyl
Interior Information
Features Ceiling Fan(s), Laminate Counters, Tile Counters
Cooling Type Wall/Window Unit(s)

Listing Information

Address 890 E 9Th Street
City Chico
State CA
Zip 95928
County Butte
Listing Agent MaryAnn Scott DRE #00784476
Courtesy Of Parkway Real Estate Co.
List Price $2,200,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 16,553
Year Built 1965

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.