For Sale

Listed by Alisha Simpkins from Keller Williams Realty Chico

Source: San Diego MLS #SN25164631

1705 Spruce Ave, Chico, CA, 95926

$470,000

4
2
7405 sq. ft.

MultiFam

•

30+ days on the market

What's around 1705 Spruce Ave

About this property

Welcome to 1705 & 1707 Spruce Avenue, where timeless charm meets modern opportunity in the heart of the Avenues. This unique property sits on a spacious corner lot and offers two separate residences, a 3-bedroom main home plus a detached 1-bedroom, 1-bathroom cottage, just minutes from historic Downtown Chico, Chico State University, Bidwell Park, and a few short blocks from Enloe Medical Center. The main home radiates warmth and character, blending turn-of-the-century details with modern comforts like updated dual-paned windows, central heating and air, and a tankless water heater. The layout includes a spacious living room, a full bathroom, three well-sized bedrooms, and a private, fully fenced backyard featuring raised garden beds perfect for green thumbs or simply relaxing in your own retreat. A detached 1-car garage offers power, laundry hookups, and flexibility to use as a workshop, parking, or additional storage. Tucked away with its own private entrance and fully fenced yard, the charming detached cottage is a standout feature. With its own postal address, the cottage offers great separation and privacy. Recent upgrades throughout, including a fully equipped kitchen and a remodeled bathroom, make this unit move-in ready and highly desirable. Both units are currently leased with strong rental history and offer a cap rate well above 5%, making it an ideal property for investors looking to generate income from day one, or for future owner-occupants seeking flexibility and additional rental income. With shared utilities, City Sewer connection, and two homes on one lot, 1705 & 1707 Spruce Avenue is a rare gem in one of Chico's most desirable neighborhoods. Whether you're expanding your portfolio or planning for the future, this property offers location, lifestyle, and lasting value. Don't miss your chance to own a piece of Chico charm with built-in potential.

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