432 Nord Avenue
$550,000
3
1
1,216
1,216
$452
Description
Exciting Investment Opportunity Near Chico State! This expansive property, over half an acre in size, is a prime investment located just steps from CSU Chico. Positioned conveniently off Nord Avenue, it offers quick access to local shopping, transportation, and the vibrant energy of Downtown Chico. The property includes a well-maintained 3-bedroom, 1-bath home featuring a welcoming layout with a functional kitchen, spacious laundry room, and thoughtful design. Beyond the existing home, the land holds...Exciting Investment Opportunity Near Chico State! This expansive property, over half an acre in size, is a prime investment located just steps from CSU Chico. Positioned conveniently off Nord Avenue, it offers quick access to local shopping, transportation, and the vibrant energy of Downtown Chico. The property includes a well-maintained 3-bedroom, 1-bath home featuring a welcoming layout with a functional kitchen, spacious laundry room, and thoughtful design. Beyond the existing home, the land holds great potential for further development, making it an ideal rental location due to its proximity to the University. For those seeking to capitalize on its location, two exciting development concepts have been explored: First option: Adding three duplexes, each two stories with 3-bed, 2-bath units, plus a 1-bedroom manager’s quarters near the front. This design retains the existing house, resulting in a total of eight rental units. Second option: Replacing the current home with nine three-story units, inspired by a successful previous project, and enhanced with unique Craftsman-style exteriors. Whether you choose to keep the current home or develop it further, this property’s unbeatable proximity to the University and local amenities makes it an exceptional investment in Chico.
- Listed by Steve Depa • DRE #00813533 • Brokerage DRE #01996441 • Re/Max of Chico • 530-896-9300
- Listed by Matt Depa • DRE #01861484 • Brokerage DRE #01996441 • Re/Max of Chico
Property Details for 432 Nord Avenue
Parking Spaces Total
0
Private PoolNo
Cooling TypeCentral Forced Air
Total Units1.0
Building TypeDetached
Lot Size SourceAssessor
Living Area1216
Assessor Parcel Number043230031000
LISTING UPDATED: 12/18/2024 02:35 AM
Property Details for 432 Nord Avenue
Status | Active |
---|---|
MLS # | SN24200192 |
Days on Compass | 75 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1938 |
Lot Size | 0.55 AC / 23,958 SF |
County | Butte County |
Building Information for 432 Nord Avenue
Stories1Residences-Year Built1938Building Size-Lot Size0.55 AC / 23,958 SF
Property Information for 432 Nord Avenue
Property History for 432 Nord Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 432 Nord Avenue
Taxable ValueLand$109,565Additions$7,814Total$117,379
Tax Record2024$1,313 ($109 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,216 SqFtAbove Grade Finished SqFt1,216 SqFtStories1Lot Size23,958 SqFtStyleSingle Family ResidenceYear Built1938CountyBUTTEAPN043-230-031-000
Schools near 432 Nord Avenue
This home is within Chico Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Citrus Avenue Elementary School PublicK to 5 | ||
Chico Junior High School Public6 to 8 | ||
Chico High School Public9 to 12 | ||
Rosedale Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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