16 Regent Lane, Chico, CA 95973

Chico
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
16 Regent Lane,Chico, CA 95973
$785,000
  • - Beds
  • - Baths
  • 3,420 sq. ft.
  • Multi-family
  • Active
Listed by: andrew boley
Office: exp realty of northern california, inc.
MLS#:226115760
Source:MetroList

Price summary

  • Price:$785,000
  • Price per sq. ft.:$229.53

About this home

16 Regent Lane presents an exceptional investment opportunity to purchase a 4 unit multifamily asset just minutes from Chico State University. With one unit bringing in $1,875/mo and three units vacant, there is the opportunity for a Buyer to live in one unit while offsetting their mortgage with the other three units rented by tenants of their choice or an investor can choose their own tenants to total four cash-flowing units. Three units are 2bed/1bath and one unit is 1bed/1bath. All four units conveniently feature central HVAC, fenced yards, common-area laundry, and assigned parking creating tenant convenience and demand. Many upgrades have been completed including new electrical panels/wiring, windows, siding, flooring, paint, etc. Upon renting all four units, the property will expect to bring in upwards of $7k/mo+ with an achievable proforma cap rate of 7.5%+. Featuring a convenient location, many upgrades, and a proven attainable proforma income, this property offers undeniable...

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Home facts

  • Year built:1968
  • Listing ID #:226115760
  • Added:1 day(s) ago
  • Updated:October 08, 2026 at 08:45 PM

Rooms and interior

  • Flooring:Varies by Unit
  • Kitchen Description:Free Standing Electric Range, Free Standing Refrigerator
  • Living area:3,420 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1968
  • Building area:3,420 sq. ft.
  • Lot area:0.26 Acres
  • Lot Features:Landscape Back, Landscape Front
  • Construction Materials:Wood
  • Foundation Description:Raised Foundation

Utilities

  • Sewer:Septic System

Finances and disclosures

  • Price:$785,000
  • Price per sq. ft.:$229.53

Features and amenities

  • Appliances:Free Standing Electric Range
  • Laundry features:In Common Area

Parking

  • Total parking spaces:8
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: October 8, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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