2520 Alamo Avenue

Welcome to a truly rare investment opportunity in Chico—an impeccably maintained triplex situated on a generous 0.66-acre lot. This residential income property features three well-appointed units, each offering a distinct floor plan, individual character, and strong tenant appeal. All units show beautifully, are turn-key, and are professionally managed by a local property management company, making this an ideal hands-off investment. 2524 Alamo, the largest of the three units, offers a spacious living room complemented by a versatile bonus sunroom—perfect for crafting, a home gym, or hosting family and friends on game nights. Outside, enjoy a detached garage with roll-up door, ideal for a workshop along with covered storage. The expansive yard provides ample room for toys, hobbies, and outdoor activities. An electric gate adds both convenience and security. 2520 Alamo features two bedrooms and two bathrooms, a comfortably sized living room centered around a fireplace, outdoor area and covered parking—a highly desirable combination for tenants. 2522 Alamo also offers two bedrooms and two bathrooms and includes newer carpet, indoor laundry, a private patio, and covered parking, delivering both comfort and functionality. All three units are equipped with central heating and cooling and fireplaces, enhancing year-round comfort and rental desirability. As a major value add, a brand-new roof was installed in 2025, providing peace of mind and long-term savings for the next owner. The property is fully tenant-occupied and shown by appointment only. With its prime location, strong income potential, large lot size, and recent capital improvements, this triplex is a rare find in today’s investment market—an unbeatable opportunity for both seasoned and first-time investors alike. (Please note interior photos for unit 2520)

Price Change History for 2520 Alamo Avenue, Chico, (MLS® #SN25281316)