16 Regent Ln Chico, CA 95973 presents an exceptional opportunity for an investor or house-hacker to purchase a 4 unit multifamily asset just minutes from Chico State University. With three out of four units occupied producing $5, 225/month, there is the opportunity for a Buyer to live in one unit while offsetting their mortgage with the other three units or an investor can rent the fourth unit bringing it to a total of four cash-flowing units producing over $7k/month. Three units are 2bed/1bath and one unit is 1bed/1bath. All four units conveniently feature central HVAC, fenced yards, common-area laundry, and assigned parking creating tenant convenience and demand. Many upgrades have been completed including new electrical panels/wiring, windows, siding, flooring, paint, etc. Upon leasing the fourth unit, the property will expect to bring in over $7k/mo+ gross rental income and over $61k annual NOI positioning this investment at an achievable proforma cap rate of over 8%+. Featuring a convenient location, many upgrades, and a proven attainable proforma income, this property offers undeniable potential and presents the opportunity to own a well-positioned cash-flowing asset for years to come. Reach out to request a copy of the scheduled/proforma breakdown of the financials.