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Key Details
Sold Price $499,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN26154622
Sold Date 08/11/26
HOA Y/N No
Year Built 1890
Lot Size 3,484 Sqft
Property Sub-Type Single Family Residence
Property Description
The best investment properties aren't just well located, they're the ones that rarely sit vacant. 414 W. 6th St. is exactly that. Offering approximately 1,440 square feet with 4 bedrooms and 2 bathrooms, this well-maintained property is already producing $3,150 per month in rental income, with new tenants secured for the upcoming school year. Whether you're adding to an established portfolio or purchasing your first investment property, this is an opportunity that begins generating income from day one. Inside, the home has been thoughtfully maintained over the years with durable laminate flooring, dual-pane retrofit windows, and energy-efficient mini-split heating and cooling in every room, creating comfortable living spaces year-round. The functional layout is well suited for shared living, while the basement laundry area adds everyday convenience. The unfinished basement also presents an exciting opportunity for future expansion. With the appropriate planning, approvals, and improvements, the space may offer the potential for an additional unit, creating another avenue for future rental income. Location is everything, and this one checks every box. Just six blocks from Chico State, one block from Chico's beloved 5th Street Steakhouse, and only three blocks from Downtown Chico, you'll be positioned in one of the city's strongest rental corridors. Shopping, restaurants, and everyday conveniences are all nearby, while the property's consistent rental history speaks for itself. In fact, demand has remained so strong that incoming tenants are often referred by previous residents. Whether you're seeking immediate cash flow, long-term appreciation, or future upside through expansion potential, this property offers the rare combination of proven performance, exceptional location, and the kind of investment that's just as smart today as it will be years from now.
Location
State CA
County Butte
Interior
Interior Features Built-in Features, Ceiling Fan(s), High Ceilings, Laminate Counters
Heating Central
Cooling Ductless
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Self Cleaning Oven, Water Heater, Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup, Stacked
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features On Street
Fence Chain Link, Wood
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Accessibility None
Private Pool No
Building
Lot Description Back Yard, Front Yard, Level, Near Public Transit, Rectangular Lot, Trees
Story 1
Entry Level One
Foundation Concrete Perimeter, Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 004214006000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Brian Bernedo Brian Bernedo Real Estate
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