For Sale

541 5th Street, Chico, CA 95928

541 5th Street, Chico, Butte, CA, 95928
3 months ago
Views: 7

$749,000(Negotiable)

Overview

3468005

Type

5 or More Units

Parking

Build Year

1920

Purpose

For Sale

About This Listing

Colliers is pleased to present the sale offering of a 7-unit multifamily property located at 541 W 5th Street in Chico, California. The community is comprised of two buildings built in 1930 and sits on a 0.13-acre parcel in the heart of Downtown. 541 W 5th Street offers off-street parking and on-site laundry for its residents. A new owner will be able to further enhance the complex by implementing an interior renovation strategy and raising rents over time. Additionally, a new owner can capitalize from implementing a RUBS program to help cover a portion of any common area utility expenses typically paid by the landlord. The Ratio Utility Billing System (RUBS) has been increasingly common over the past several years and will help bolster investor returns.

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MetroList CA data Last Updated: August 18, 2025, 4:34 pm

Data Source: SACM