1257 E 9th Street

Chico, CA 95928
$245,000
630 sqft | 2 beds | 1 bath | 0.29 acres | #SN24235324
Courtesy of Upside Real Estate

Description

Prime Development Opportunity – Double Lot in R2 Zone! Unlock the potential of this double lot zoned R2 Medium Density Residential. Conveniently located near Highway 99, Chico State University, and Bidwell Park, this property sits in a highly desirable area with excellent redevelopment prospects. This property currently features two homes, one on each lot, that are in need of extensive repairs or redevelopment. The possibilities are endless with R2 zoning – perfect for a developer or investor looking to maximize the potential of this property. * Asbestos removal has already been completed by the seller, saving you a major step in the redevelopment process. * Located in a neighborhood with strong demand, this property offers the ideal opportunity for creative redevelopment to meet modern housing needs. * Per Cal Trans, no frontage improvements will be required. Don't miss out on this rare chance to transform this centrally located property into a lucrative investment. Bring your vision and your cash offer today!

  • Property Details
      • Interior:AllBedroomsDown
      • Bedrooms:2
      • Bathrooms:1
      • Full Baths:1
      • View:Neighborhood
      • Stories:1
      • Lot description:SixToTenUnitsAcre, ValueInLand
      • Acres:0.29
      • Square Feet:630
      • Property type:Purchase
      • Year built:1937
      • Sewer information:PercTestOnFile
      • Utility source:Public
      • School district:Chico Unified
      • County:Butte
      • Original List Price:$245, 000
      • MLS #:SN24235324
      • Cost:245000
      • Property subtype:SingleFamilyResidence
      • MLS #:SN24235324
      • Structure type:House

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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