1001 Salem Street, Chico, CA 95928

Chico
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1001 Salem Street,Chico, CA 95928
$499,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tamara lambert
Office: thrive real estate company
MLS#:SN25099724
Source:MLSListings

Price summary

  • Price:$499,000

About this home

Discover a well-maintained, owner-occupied investment property in a desirable Chico location. This 3-unit building offers a comfortable live-in unit plus two turnkey rental units, creating an appealing combination of steady cash flow and personal living convenience. What makes it special: Owner-occupied layout: Live in a well-appointed unit with private entry. Ideally located just minutes from Chico State, Historic Downtown, and local dining and shopping, this tri-plex offers both convenience and long-term rental appeal. The property includes three separate units, a 2-bedroom, 1-bathroom, a 1-bedroom, 1-bathroom, and a studio, each with its own fenced backyard and shaded by mature trees, creating a comfortable and private setting for tenants. Two of the units have been recently remodeled, and all units are currently occupied by long-term tenants, providing immediate, stable income. A brand new 30-year roof across all three units adds long-term value and peace of mind for the next...

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Home facts

  • Year built:1981
  • Listing ID #:SN25099724
  • Added:376 day(s) ago
  • Updated:June 30, 2026 at 04:19 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Oven Range, Refrigerator, Self Clean Oven

Heating and cooling

  • Cooling:Window/Wall Unit
  • Heating:Gas, Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1981
  • Lot area:0.18 Acres
  • Lot Features:Greenbelt, Level, Mid Block
  • Foundation Description:Concrete Slab
  • Levels:1 Story

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$499,000

Features and amenities

  • Amenities:Double Pane Window(s), Window Covering(s)

Parking

  • Parking description:Common Garage, Other, Parking Area
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