303 Colusa, Orland, CA 95963

$850,000

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List Price
$850,000
Status
ACTIVE
MLS#
SN26157793
Year Built
1977
Lot Size
8,453
Acres
0.19
Lot Location
6-10 Units/Acre, Level
Days on Market
55
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Fantastic 6-Plex Investment Opportunity! Located in a quiet, desirable neighborhood near shopping, dining, schools, and parks, this versatile property offers strong income potential and long-term value. Front Building (Converted Single-Family): Unit 1: 3 Bed / 1 Bath featuring a private entrance, front porch facing Colusa St, and a private backyard. Unit 2: 2 Bed / 1 Bath with a spacious living room/kitchen, ductless mini-split system, private 3rd St entrance. Rear Complex (Added in 1980s): Units 3–6: Four 1 Bed / 1 Bath units (2 upstairs, 2 downstairs) featuring open-concept kitchens with eating bars and generous living spaces. Includes a shared ground-level coin-operated laundry room. Excellent rental history and occupancy potential with a balanced unit mix. Drive by to view—please do not disturb occupants

Additional Information

Appliances
Free-Standing Range, Water Heater
Pool Description
None
Cooling
Yes
Cooling Description
Electric
View
City Lights, Neighborhood
Exterior Construction
Drywall, Stucco
Roof
Composition
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$67,972
Operating Expense
29381

Listing courtesy of Listing Agent: Teresa Smith (roamingriverrealty@gmail.com) from Listing Office: Teresa E Smith, Broker.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.