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165 Rio Lindo Ave, Chico, CA, 95926

1beds
4baths
2,731sqft
$589,500
$216price/sqft
$4,096/moest. monthly cost
$163,840/yrincome needed

About This Home

Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user. The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow. The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
81
BikeVery Bikeable

Schools

6/10
7/10

Construction

Condition

  • Year built: 1989

Materials

  • Roof: Composition
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: Washer Hookup,Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 4

Features

  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,731
  • Total interior livable area: 2,731 sqft

Property

Details

  • Parcel number: 006100065000
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Entry location: Multiple, ground
  • Pool features: None
  • Fencing: Chain Link,Wood
  • Has view: Yes
  • View description: City Lights

Lot

  • Lot size: 0.26 Acres
  • Features: 0-1 Unit/Acre,Landscaped,Near Public Transit,Paved