$630,000
Est. $3,528/mo1318 Salem, Chico, CA 95928
About this home
Exceptional investment opportunity in Chico’s highly sought-after Barber District. This beautifully restored property offers two homes on one lot, seamlessly blending timeless architectural charm with thoughtful modern upgrades. The front residence showcases soaring ceilings, elegant crown molding, and rich hardwood flooring throughout. The spacious 3-bedroom, 2-bath layout is enhanced by granite countertops, custom Oakridge cabinetry, and quality finishes that elevate everyday living. A full basement provides additional versatility, while extensive improvements — including updated electrical, plumbing, and an energy-efficient HVAC system — offer both comfort and peace of mind. Privately positioned at the rear of the property, the recently built 2-bedroom, 1-bath home features its own patio retreat, creating a desirable and independent living space. Currently generating $4,265. per month in gross income, this is a rare opportunity to own a character-rich property with immediate cash flow in one of Chico’s most desirable neighborhoods.
infoProperty Facts
Bedrooms
5
Bathrooms
3
Square Feet
1,254
Lot Size
6,970 sqft
Year Built
1910
Property Type
Single Family Residence
Days on Market
2
HOA Fee
N/A
Garage Total
0
MLS #
SN26040241
chairInterior Details
General Interior
Interior Features
All Bedrooms Down
Kitchen & Appliances
Laundry
Laundry Room
Bed & Bath
Main Level Bedrooms
5
Main Level Bathrooms
3
Climate Control
Cooling
Central Air
Heating
Central
garageParking
deckExterior & Lot
Lot & Grounds
Lot Features
Zero To One Unit Acre, Back Yard
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Biking, Sidewalks
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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