Listing Courtesy of:
Parkway Real Estate Co.
Agency Phone: 530-592-3432
Associate Name: Wren Jones
Listing Shown by:
Farrell Smyth, Inc.
Associate Name: Irina Teilore
Investor opportunity with built-in income potential! Situated on two lots, this unique property offers endless possibilities for investors or first-time buyers looking to offset their mortgage with rental income. The main home is vacant, turnkey, and move-in ready, featuring 2 bedrooms, 1 bathroom, updated laminate flooring, fresh interior paint, a bonus office space, indoor laundry, and a cozy kitchen with a breakfast nook. There is a long driveway for off-street parking, a newer roof, and a newer HVAC system. Behind the main house is 2242 Elm, a second 2-bedroom, 1-bathroom home with a bonus room or office that is currently tenant-occupied, providing immediate rental income. The additional vacant lot offers even more potential ? create a large garden, add RV parking, or explore the possibility of building additional homes to maximize investment income (plans have been drawn up for a 3/2 and 2/1). Conveniently located near downtown, freeway access, shopping, and everyday amenities, this versatile property is packed with opportunity!
Listed By
Agency Name: Parkway Real Estate Co.
Agent Name: Wren Jones
Agency Phone: 530-592-3432
Shown By
Agent Name: Irina Teilore
Agent Phone: (805) 439-2547 ext. 24
Agency Title: Farrell Smyth, Inc.
Estimated Payment
$ 1,132.75 per month $1,001.50 Principal & Interest $0.00 Property Tax (data not provided by mls) $131.25 Homeowner's Insurance
2244 Elm | MLS# SN26113562
This single family home located at 2244 Elm, Chico, CA 95928 is currently listed for sale with an asking price of $450,000. This property was built in 1947 and has 4 bedrooms and 2 full baths with 1906 sq. ft. Elm is located within the Chico Unified school district. Search Chico real estate on irinat.farrellsmyth.com today.