890 E 9TH STREET, CHICO CA 95928

  • 11,862 sq.ft.
  • 16,553 sq.ft. lot
offered at $2,200,000
MLS#:SN24130414
Status: Pending // Property Type:
County: Butte // Year Built: 1965

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 Courtesy of MaryAnn Scott, Parkway Real Estate Co.

Interior Features

Interior Features: Ceiling Fan(s), Laminate Counters, Tile Counters // Heating: Wall Furnace

Exterior Features

Exterior Features: Curbs, Sidewalks, Street Lights
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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