Apartment Chico

Two houses on one lot, with a duplex up front and an Airbnb in back that nets about $3,000 a month. The front house at 131 W 3rd is a 3 bed/1 bath and a 2 bed/1 bath, both in place and producing rent. Behind it, 133 W 3rd is a self-standing house with a two-car garage. Live in the back house and let the duplex carry the property, or keep the Airbnb working and move into a front unit. Beneath the front house is a finished lower level that connects to the units above through an interior stair, and each lower-level space also has its own private entrance, kitchen, and bath already built. Use it as bonus space for the upstairs units and rent them as larger floor plans with the bedrooms staying upstairs, or take a unit and its lower level as your own two-level home. A buyer who solves the egress can also pursue separate units down the road.