16 Regent Lane, Chico, CA 95973
Local realty services provided by:CENTURY 21 Tri-Dam Realty
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#:226126514
Source:MetroList
Price summary
- Price:$785,000
- Price per sq. ft.:$229.53
About this home
16 Regent Ln Chico, CA 95973 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 potential and presents the opportunity to own a well-positioned cash-flowing asset for years to come....
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Home facts
- Year built:1968
- Listing ID #:226126514
- Added:2 day(s) ago
- Updated:October 10, 2026 at 02:54 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
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