414 W 6th St Chico, CA 95928

The best investment properties aren't just well located, they're the ones that rarely sit vacant. 414 W. 6th St. is exactly that. Offering approximately 1,440 square feet with 4 bedrooms and 2 bathrooms, this well-maintained property is already producing $3,150 per month in rental income, with new tenants secured for the upcoming school year. Whether you're adding to an established portfolio or purchasing your first investment property, this is an opportunity that begins generating income from day one. Inside, the home has been thoughtfully maintained over the years with durable laminate flooring, dual-pane retrofit windows, and energy-efficient mini-split heating and cooling in every room, creating comfortable living spaces year-round. The functional layout is well suited for shared living, while the basement laundry area adds everyday convenience. The unfinished basement also presents an exciting opportunity for future expansion. With the appropriate planning, approvals, and improvements, the space may offer the potential for an additional unit, creating another avenue for future rental income. Location is everything, and this one checks every box. Just six blocks from Chico State, one block from Chico's beloved 5th Street Steakhouse, and only three blocks from Downtown Chico, you'll be positioned in one of the city's strongest rental corridors. Shopping, restaurants, and everyday conveniences are all nearby, while the property's consistent rental history speaks for itself. In fact, demand has remained so strong that incoming tenants are often referred by previous residents. Whether you're seeking immediate cash flow, long-term appreciation, or future upside through expansion potential, this property offers the rare combination of proven performance, exceptional location, and the kind of investment that's just as smart today as it will be years from now.