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1617 Hemlock, Chico, CA 95928

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For Sale

$479,000

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 1910
    Year built

Explore this Property

TWO UNIT PROPERTY (with development potential). This well cared for income property could be just what you have been looking for. Consisting of a 3/2 main house with a bonus room and a fully detached 1 bed 1 bath apartment with its own private small yard and alley entry, this property is fully rented with wonderful tenants through July of 2026. Both structures have new roofs and new heat and air systems (HVAC in Main house and mini splits in the back unit). Interiors of both have gotten nice recent makeovers with updates including fresh paint, vinyl plank flooring, dual pane windows, some kitchen cabinetry and some new appliances. Both units feature their own indoor laundry rooms. Property is on city sewer and units operate on seperate power meters and tenants pay all utilities except water and sewer. There is an additional outbuilding (with new roof too!) that has a roomy loft area and could possibly be developed into its own unit, rented out for storage or studio space or whatever your vision might be. Interior of main house has a unique floor plan that could also have possibilities for reconfiguration with one of the bedrooms that has an adjoining bathroom having its own dedicated back door entry. Located in a sweet central location in a desirable, walkable neighborhood, close to shopping, coffee shops, downtown, public transit and CSU Chico; when these units were listed for rent the property management company had applications come in rather quickly and it did not take long to have them rented. PLEASE DO NOT DISTURB TENANTS
MLS# SN25230035

Listed By CENTURY 21 Select Real Estate, Inc.

Property Features

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Map and Directions

Directions to 1617 Hemlock, Chico, CA 95928

Home seller Meet the Agent,
Jennifer Parks

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Jennifer Parks

of CENTURY 21 Select Real Estate, Inc.

License: 01269667
(530) 864-0336
Learn More About Me

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.