CRMLS SN26099676

997 E 16th, Chico CA 95928

Residential Income · Single Family Residence · Active

$989,000
Price$989,000
Units3
Gross scheduled income$93,600
Seller NOI$68,341
Listed cap rate
Days on market6

Photos

997 E 16th, Chico CA 95928
997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928997 E 16th, Chico CA 95928

Listing remarks

Investment opportunity with three separate homes situated on .83-acre lot offering significant future potential. Explore the possibility of adding additional ADUs and potential lot split options (buyer to investigate and confirm with city/county planning departments). Perfect setup for rental income, multigenerational living, or phased development. Existing homes provide immediate usability while future improvements create substantial upside. Rare combination of current cash flow and future expansion opportunity.

Unit mix

UnitCountBedsBathsActual rentPro forma
1142$3,000$3,400
2131$1,800$2,100
3132$3,000$3,250

Property facts

Year built1962
Parcel005422020000
Lot36,155 SF
Building/Living area3,854 SF
HeatingCentral
CoolingCentral Air
WaterPublic
SewerSeptic Tank

Additional MLS fields

Original list price$989,000
Listing date2026-05-14
Buildings3
Operating expenses$25,259
Insurance$4,700
Water/sewer$1,680
Trash$960
Maintenance$5,000
Rent controlYes
Electric meters3
Gas meters3
Water meters3
Garage spaces2
Parking2
LaundryInside
Lot featuresBack Yard, Landscaped
CommunitySidewalks
PoolNone
Senior communityNo
Last MLS update2026-05-21T16:16:41.080-00:00

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MLS attribution: Listing provided by Capital Rivers Commercial Inc, Matt Depa. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26099676. Information is deemed reliable but not guaranteed and may change without notice.