Asking Price: $389,000

Turnkey income, prime location, and built-in demand, this is what smart investing looks like. Located just blocks from California State University, Chico and the heart of downtown Chico, this fully occupied property offers immediate income and long-term potential in a consistently in-demand area. Currently tenant-occupied with four college renters in place, this property provides steady income from day one with a total monthly rent of $2,500. The proximity to campus, dining, shopping, and nightlife makes it a highly desirable location for student housing, helping support consistent occupancy. Set among Chico’s classic downtown charmers, this property combines the character tenants love with the location investors rely on, creating a strong, dependable addition to any portfolio.