62
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$470,000
Est. payment /mo
4 Beds
2 Baths
New
1705 Spruce Avenue Chico, CA 95926
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN25164631
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to 1705 & 1707 Spruce Avenue, where timeless charm meets modern opportunity in the heart of the Avenues. This unique property sits on a spacious corner lot and offers two separate residences, a 3-bedroom main home plus a detached 1-bedroom, 1-bathroom cottage, just minutes from historic Downtown Chico, Chico State University, Bidwell Park, and a few short blocks from Enloe Medical Center. The main home radiates warmth and character, blending turn-of-the-century details with modern comforts like updated dual-paned windows, central heating and air, and a tankless water heater. The layout includes a spacious living room, a full bathroom, three well-sized bedrooms, and a private, fully fenced backyard featuring raised garden beds perfect for green thumbs or simply relaxing in your own retreat. A detached 1-car garage offers power, laundry hookups, and flexibility to use as a workshop, parking, or additional storage. Tucked away with its own private entrance and fully fenced yard, the charming detached cottage is a standout feature. With its own postal address, the cottage offers great separation and privacy. Recent upgrades throughout, including a fully equipped kitchen and a remodeled bathroom, make this unit move-in ready and highly desirable. Both units are currently leased with strong rental history and offer a cap rate well above 5%, making it an ideal property for investors looking to generate income from day one, or for future owner-occupants seeking flexibility and additional rental income. With shared utilities, City Sewer connection, and two homes on one lot,
Location
State CA
County Butte
Zoning Assessor
Direction From Mangrove Ave, Turn Left onto E. 7th St, Turn Right onto Spruce, Home will be on the Left Corner
Interior
Heating Fireplace
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Tax ID 003396007000
Virtual Tour https://my.matterport.com/show/?m=TU9vzGFENMy
Listed by Alisha Simpkins Keller Williams Realty Chico Area