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7 Beds
4 Baths

$785,000

16 Regent Lane, Chico CA, 95973

Price per sqftN/A
Built in1968
Property typeMulti-family

Overview

Active

Listed Oct 7, 2026

Updated 24h ago

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.

$5,223/mo

Est. mortgage payment based on a $785,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
226115760

Interior Features

Bedrooms
7
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.26 Acres
MLS provider logo

Courtesy of eXp Realty of Northern California, Inc., Andrew Boley,
Listing Contact:  

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