Two homes for the price of one! This level quarter acre lot in the heart of Downtown Chico has two updated homes that present ample opportunity. The incredible location puts you at the center of the action, making this a very desirable rental. Your'e a short walk to Chico State and all the Bars + Restaurants in Historic Downtown Chico, and only 1.3 miles from Bidwell Park. The main home is a vacant, freshly updated 4 bed/2 bath + a spacious Bonus Room; current market rent is $2,800/month. The second home is a 2 bed/2 bath, currently rented to great tenants at $1,495/mo. With both units rented, you can bring in aprox $4,295/mo! You could also live in one unit, rent the other, or use both homes as a family complex. Additionally, the R3 Zoning may allow for the development of additional units - buyer to verify with City of Chico Planning.