This updated 3 bedroom 1 bath home is located just blocks from CSUC and downtown Chico. Currently leased for $1690/mo Lease ends 6/30/21 and provides buyer an opportunity to adjust rents further. Property is on city sewer and water. Per discussions with the City of Chico, property is been preliminary approved to build a 2 bedroom 1 bath ADU unit in the rear with an estimated cost of $150K. No submittals have been made. Additional rent estimated from the second unit is $1495/mo. Walk out basement provides additional storage. Buyer to investigate this development potential fully to their own satisfaction. Don't miss this never empty rental property with value-add opportunity.