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303 Colusa

Orland, CA 95963
  • $850,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: SN25253383
UPDATED: 59 min ago
$850,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Listing Agent(s): Teresa Smith of Teresa E Smith, Broker (530-680-3848)


Description

Fantastic 6-Plex Investment Opportunity! Located in a quiet, desirable neighborhood with convenient access to shopping, restaurants, schools, and parks, this versatile investment property offers strong income potential and long-term value.Originally a single-family residence, the front structure has been thoughtfully converted into two separate units:Unit 1: A 3-bedroom, 1-bath residence featuring a private entrance, inviting front porch facing Colusa Street, and a private backyard.Unit 2: A spacious 2-bedroom, 1-bath residence with a large living room and kitchen, equipped with a mini-split ductless heating system. This unit enjoys a private entrance on 3rd Street and a semi-private backyard accessible through the rear door.In the 1980s, four additional units were added at the rear of the property, creating a well-balanced six-unit complex. Each of these newer units offers:1 bedroom and 1 bathroomAn open-concept kitchen with eating barA generous living room areaTwo of these units are upstairs and two are downstairs. A shared coin-operated laundry room is conveniently located on the ground level for tenant use.This property boasts excellent rental income and high occupancy potential in a sought-after area. With its mix of unit sizes, private and shared amenities, and central location, this is an outstanding investment opportunity.?? Drive by and take a look"but please do not disturb occupants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T18:32:17.363. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169734664
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303 Colusa Orland, CA 95963

  • Price: $850,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 59 min ago
  • ID#: SN25253383
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1977
Built
County:
Glenn
Property Description
Fantastic 6-Plex Investment Opportunity! Located in a quiet, desirable neighborhood with convenient access to shopping, restaurants, schools, and parks, this versatile investment property offers strong income potential and long-term value.Originally a single-family residence, the front structure has been thoughtfully converted into two separate units:Unit 1: A 3-bedroom, 1-bath residence featuring a private entrance, inviting front porch facing Colusa Street, and a private backyard.Unit 2: A spacious 2-bedroom, 1-bath residence with a large living room and kitchen, equipped with a mini-split ductless heating system. This unit enjoys a private entrance on 3rd Street and a semi-private backyard accessible through the rear door.In the 1980s, four additional units were added at the rear of the property, creating a well-balanced six-unit complex. Each of these newer units offers:1 bedroom and 1 bathroomAn open-concept kitchen with eating barA generous living room areaTwo of these units are upstairs and two are downstairs. A shared coin-operated laundry room is conveniently located on the ground level for tenant use.This property boasts excellent rental income and high occupancy potential in a sought-after area. With its mix of unit sizes, private and shared amenities, and central location, this is an outstanding investment opportunity.?? Drive by and take a look"but please do not disturb occupants.
Exterior Features

Carport Spaces 0 Construction Materials DrywallStucco Entry Level 1 Entry Location 1 Fencing Wood Foundation Details Slab Lot Features 6-10 Units/AcreLevel Number Of Separate Electric Meters 6 Parking Features On Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View City LightsNeighborhood View YN Yes

Interior Features

Appliances Free-Standing RangeWater Heater Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No Flooring Vinyl

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features RuralSidewalks Electric 220 Volts in Kitchen220 Volts in Laundry Garage YN No Gross Income 57857 Gross Scheduled Income 57857 Insurance Expense 9000 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 48524.62 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 9332.65 Property Condition Turnkey Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Trash Expense 1000 Utilities Cable AvailablePhone AvailableSewer ConnectedWater Connected Water Sewer Expense 1471 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T18:32:17.363. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Teresa Smith of Teresa E Smith, Broker (530-680-3848)