541 W 5th Street, Chico, CA 95928
Local realty services provided by:ERA Carlile Realty Group
541 W 5th Street,Chico, CA 95928
$749,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:matthew sarro
Office:collier's international ca, inc.
MLS#:225078824
Source:MFMLS
Price summary
- Price:$749,000
About this home
Colliers is pleased to present the sale offering of a 7-unit multifamily property located at 541 W 5th Street in Chico, California. The community is comprised of two buildings built in 1930 and sits on a 0.13-acre parcel in the heart of Downtown. 541 W 5th Street offers off-street parking and on-site laundry for its residents. A new owner will be able to further enhance the complex by implementing an interior renovation strategy and raising rents over time. Additionally, a new owner can capitalize from implementing a RUBS program to help cover a portion of any common area utility expenses typically paid by the landlord. The Ratio Utility Billing System (RUBS) has been increasingly common over the past several years and will help bolster investor returns.
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Home facts
- Year built:1920
- Listing ID #:225078824
- Added:103 day(s) ago
- Updated:October 01, 2025 at 02:57 PM
Heating and cooling
- Cooling:Wall Unit(s)
- Heating:Wall Furnace
Structure and exterior
- Year built:1920
- Lot area:0.13 Acres
Finances and disclosures
- Price:$749,000
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