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 bathroom
An open-concept kitchen with eating bar
A generous living room area
Two 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.
For sale
Listing Provided by:
Teresa Smith DRE #01500355 roamingriverrealty@gmail.com,
Teresa E Smith, Broker
$850,000
303 Colusa St, Orland, CA 95963
54beds
36baths
2,392sqft
Est.:
Multi Family
Built in 1977
-- sqft lot
$826,700 Zestimate®
$355/sqft
$-- HOA
What's special
- 143 days |
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