Home | Butte County | Chico | 95973 | 16 Regent Ln
MLS: ME226115760 | Status: Active | Price: $785,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,420 | 0.26 | – |
16 Regent Lane presents an exceptional investment opportunity to purchase a 4 unit multifamily asset just minutes from Chico State University.​ With one unit bringing in $1,875/mo and three units vacant, there is the opportunity for a Buyer to live in one unit while offsetting their mortgage with the other three units rented by tenants of their choice or an investor can choose their own tenants to total four cash-flowing units.​ Three units are 2bed/1bath and one unit is 1bed/1bath.​ All four units conveniently feature central HVAC, fenced yards, common-area laundry, and assigned parking creating tenant convenience and demand.​ Many upgrades have been completed including new electrical panels/wiring, windows, siding, flooring, paint, etc.​ Upon renting all four units, the property will expect to bring in upwards of $7k/mo+ with an achievable proforma cap rate of 7.5%+.​ Featuring a convenient location, many upgrades, and a proven attainable proforma income, this property offers undeniable potential and presents the opportunity to own a well-positioned cash-flowing asset for years to come.​
| Field | Value |
|---|---|
| MLS # | ME226115760 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Appliances | Oven Range - Electric, Refrigerator |
| Flooring | Varies by Unit |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Foundation | Raised |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Carport, Covered Parking, Off-Street Parking, Garage: 0 Car(s) |
| Elementary District | Chico Unified |
| High School District | Chico Unified |
| Sewer | Septic Tank |
| HOA Fee | $0 |
| Zoning | G-C |
Andrew Boley
eXp Realty of Northern California, Inc.
License #: 02201769
Phone: (916) 952-0411
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 1 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 0 | 1 | 1/0 | – |
| 2 | 0 | 2 | 1/0 | $1,840 |
| 3 | 0 | 2 | 1/0 | – |
| 4 | 0 | 2 | 1/0 | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1122 W Sacramento Ave | $789,000 | – | – | – | Active |
| 618 Rancheria Dr | $650,000 | – | – | – | Active |
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This listing information is up-to-date as of October 07, 2026. For the most current information, please contact Andrew Boley, (916) 952-0411.