2244 Elm

Chico, CA 95928
  • $450,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 1,906

    SqFt

About the Listing SNPREC - CH157010584

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!

Listing Highlights

Status Active
Days on Site 8
Property Type Residential
MLS ® SN26113562
Year Built 1947
Total Square Footage 1,906
Lot/Acreage 0.28
County Butte
School District Chico Unified

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances: Gas Oven, Gas Range
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Ceiling Fan(s),All Bedrooms Down
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 005473005000
  • Tax Year: N/A

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2244 Elm Chico, CA 95928

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Originating MLS: CRMLS

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