303 Colusa, Orland, CA, CA 95963
- $850,000
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- SN26157793
- County
- Glenn
- Year Built
- 1977
- Building Square Feet
- 2,392
- Square Feet
- 8,453
- Days on Market
- 11
- Property Type
- Multifamily
- 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
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Additional Information
- Parcel Number
- 040213007000
- Gross Scheduled Income
- $67,972
- Operating Expense
- 29381
- Net Operating Income
- $38,591
- Number of Buildings
- 2
- Lot Features
- 6-10 Units/Acre, Level
- Appliances
- Free-Standing Range, Water Heater
- Utilities
- Cable Available, Phone Available, Sewer Connected, Water Connected
- Cooling
- Yes
- View
- City Lights, Neighborhood
- Exterior Construction
- Drywall, Stucco
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Community Features
- Rural, Sidewalks
Listing courtesy of Listing Agent: Teresa Smith (roamingriverrealty@gmail.com) from Listing Office: Teresa E Smith, Broker.
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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.