16 Regent Lane, Chico, CA 95973

Chico
Local realty services provided by:Legacy Real Estate & Associates ERA Powered
16 Regent Lane,Chico, CA 95973
$750,000
  • - Beds
  • - Baths
  • 3,420 sq. ft.
  • Multi-family
  • Active
Listed by: andrew boley
Office: exp realty of northern california, inc.
MLS#:226126514
Source:MetroList

Price summary

  • Price:$750,000
  • Price per sq. ft.:$219.3

About this home

16 Regent Ln Chico, CA 95973 presents an exceptional opportunity for an investor or house-hacker to purchase a 4 unit multifamily asset just minutes from Chico State University. With three out of four units occupied producing $5,225/month, there is the opportunity for a Buyer to live in one unit while offsetting their mortgage with the other three units or an investor can rent the fourth unit bringing it to a total of four cash-flowing units producing over $7k/month. Three units are 2bed/1bath and one unit is 1bed/1bath. All four units conveniently feature central HVAC, fenced yards, common-area laundry, and assigned parking creating tenant convenience and demand. Many upgrades have been completed including new electrical panels/wiring, windows, siding, flooring, paint, etc. Upon leasing the fourth unit, the property will expect to bring in over $7k/mo+ gross rental income and over $61k annual NOI positioning this investment at an achievable proforma cap rate of over 8%+. Featuring a...

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Home facts

  • Year built:1968
  • Listing ID #:226126514
  • Added:19 day(s) ago
  • Updated:October 27, 2026 at 05:01 PM

Rooms and interior

  • Flooring:Varies by Unit
  • Kitchen Description:Free Standing Electric Range, Free Standing Refrigerator
  • Living area:3,420 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1968
  • Building area:3,420 sq. ft.
  • Lot area:0.26 Acres
  • Lot Features:Landscape Back, Landscape Front
  • Construction Materials:Wood
  • Foundation Description:Raised Foundation

Utilities

  • Sewer:Septic System

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$219.3

Features and amenities

  • Appliances:Free Standing Electric Range
  • Laundry features:In Common Area

Parking

  • Total parking spaces:8
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: October 27, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules. MFMLS Member Broker: William Aboumrad

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