Close to Downtown and Chico State, this R3-zoned property sits on a spacious .31-acre lot bordering Little Chico Creek. The charming red home with its inviting covered front porch welcomes you the moment you arrive. Inside, enjoy hardwood floors, newer windows throughout, a kitchen with a gas range, and a fully remodeled bathroom. A brand-new oversized back deck overlooks the expansive fenced yard and large shop, a rare advantage so close to town. The property also comes with shovel-ready plans to build six 1-bed/1-bath units, offering exceptional development potential. Even better, the owners are licensed contractors and would prefer to build the units for your client, streamlining the entire process. Earn income with the house while you prepare to build!