2044 Humboldt Rd
Chico, California, Estados Unidos

Nº De MLS: SN25055911

USD550,000

  • Tipo
    Casa Unifamiliar
  • Dormitorios
    2
  • Cuartos de baño
    1
Los detalles

Características de la propiedad

Detalles de la construcción

  • Año de construcción: 1948

Área

  • Dormitorios: 2
  • Cuartos de baño: 1
  • Total de habitaciones: 3

Descripción

This nearly 1-acre property in the City of Chico presents a prime development opportunity with R3 zoning, allowing for the construction of up to 14 residential units/acre. The flat, rectangular lot offers an ideal foundation for multi-unit housing, catering to the city's growing demand for residential development. Additionally, the existing 776 sq. ft. single-family home, featuring 2 bedrooms, 1 bathroom, and a bonus office or workspace, can generate monthly rental income, providing immediate cash flow while planning future development. There is plenty of room to build an ADU behind the existing house and still build a 12 plex as shown in the preliminary design rendering to further maximize this spacious property. Whether for a developer looking to build multi-family housing or an investor seeking rental income from the existing house, plus a new ADU and with long-term appreciation, this property is a rare opportunity in a desirable location and market. See additional Land MLS listing SN25055842

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Ubicación

Chico, California, Estados Unidos