Bought with Kathryn Binsley
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Key Details
Sold Price $645,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSN25229777
Sold Date 04/17/26
Year Built 1907
Lot Size 5,663 Sqft
Source California Regional MLS
Property Description
Discover 541 W 5th Street-an exceptional 7-unit property perfectly positioned in the lively core of downtown Chico. This classic multi-family residence places you just steps from popular restaurants, shops, entertainment venues, and only a short walk to Chico State University. With several long-term tenants already in place, it offers both stability and opportunity for investors. Properties like this rarely come on the market, making it a unique chance to secure a valuable income-producing asset right in the heart of Chico. All of this at an 8.25 cap rate.
Location
State CA
County Butte
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate
Laundry Laundry Area
Exterior
Parking Features Off-Street Parking
Pool None
View Local/Neighborhood
Roof Type Composition
Building
Water District - Public
Others
Tax ID 004213002000
Special Listing Condition Not Applicable
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