Welcome to an exceptional investment opportunity in a convenient Chico location! This upgraded property offers the rare chance to live in one unit while generating income from the separate studio—perfect for offsetting your mortgage or launching your real estate portfolio. The main living space features 2 bedroom 1 bath home featuring high ceilings, granite countertops, and an abundance of natural light, creating a warm and welcoming atmosphere. The entire property has been tastefully updated, making it truly turnkey and ready for its next owner. The private-entry studio offers flexibility as a rental, guest space, or home office, providing steady potential income with ease. You'll also enjoy the convenience of private off-street parking, two storage sheds located in the back, garden beds and more. Located near some of Chico’s most popular spots including The Commons, Sierra Nevada Brewery, shopping centers, grocery stores, and with quick access to Highway 99. This home puts you in the heart of it all! Whether you're a first-time investor, a multi-generational household, or simply looking to live smart and earn at the same time, this property checks all the boxes!