2915 Godman, Chico, CA 95973
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
2915 Godman,Chico, CA 95973
$649,850
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: rufi alday
Office: real broker
MLS#:FR26014815
Source:CAREIL
Price summary
- Price:$649,850
About this home
Investor Opportunity | 1031 Exchange Chico Gem | Welcome to 2915, 2917, 2919 Godman Ave, known as Godman Arbor Commons, in Chico Ca represents a truly exceptional and strategic opportunity for the discerning investor or 1031 exchanger. This property uniquely combines a rare, R2-zoned | Min 6 units -14 units Max per Acre. 69 acres | with significant medium-density development potential, immediate income-generating | former AirBNB ; rentals with existing homes ( per Seller ) comprising of 3 br | 1 ba Bonus Room= 1140 sf and 2 br | 1 ba | Shop=1000 sf capacity from high-demand rental markets, and a prime location within Chico's thriving real estate landscape. Despite its current fixer upper status | ie recent fire | July 2023 | on one of the homes at 2915 Godman | 5br | 2ba | 2500 sf | it offers a unique canvas for substantial value creation, promising both robust cash flow on the EXISTING income generating homes- 3 br | 1ba Bonus Room & 2 br | 1 ba - and significant long-term capital appreciation for those ready to seize this AMAZING OPPORTUNITY. Further, the subject property is located in the Infill Development | less than 5 acres | which may NOT require an Environmental Impact Study per City of Chico ( Buyer to verify )...
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Home facts
- Year built:1965
- Listing ID #:FR26014815
- Added:136 day(s) ago
- Updated:March 31, 2026 at 04:13 PM
Heating and cooling
- Heating:Central Forced Air
Structure and exterior
- Year built:1965
- Lot area:0.69 Acres
- Lot Features:Mid Block
- Architectural Style:Cottage
- Levels:1 Story
Utilities
- Water:Well
Finances and disclosures
- Price:$649,850
Parking
- Parking description:Assigned Spaces, Other
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