486 E 5th Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

486 E 5th Avenue

Chico, CA 95926
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential multifamily building containing two distinct rental units
  • Property positioned in the city of Chico, California
  • Asset located at the address 486 E 5th Avenue
  • Well-suited for investors targeting residential income property
  • Located within a growing hub of Northern California

What's Special

Chico serves as a primary hub for commerce and education in Northern California, anchored by its vibrant downtown and the influence of California State University, Chico. This multifamily apartment building, situated at 486 E 5th Avenue, benefits from its positioning within this growing regional market. The city maintains a steady demand for rental housing due to its diverse population and proximity to major regional transit corridors. Comprising two units, this residential asset provides an efficient configuration for investors seeking a manageable footprint in a well-established submarket. The property is suitable for long-term rental income strategies or residential portfolio expansion. Its central location allows for convenient access to local businesses and services, reflecting the broader economic activity of the Chico area. Owners can capitalize on the consistent need for residential housing options throughout this California municipality.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times