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303 Colusa St Orland, CA 95963

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For Sale
$850,000

Versatile six-unit property with strong income potential in Orland.

Lot size:
0.19 Acres

Property Features for 303 Colusa St

General Information

Standard status
Active
Zoning
Assessor
Lot size
0.19 Acres

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Listing Contact
Teresa Smith
Source: Crexi

Listing Agency: Teresa E Smith, Broker Listing Agent: Teresa Smith

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Six-Unit Multifamily Investment Opportunity

This six-unit multifamily property presents an investment opportunity, situated in a neighborhood with access to shopping, restaurants, schools, and parks. Originally a single-family residence, the front structure has been converted into two units. Unit 1 features three bedrooms and one bathroom, a private entrance, a front porch facing Colusa Street, and a private backyard. Unit 2 includes two bedrooms, one bathroom, a living room, a kitchen equipped with a mini-split ductless heating system, a private entrance on 3rd Street, and a semi-private backyard. In the 1980s, four additional units were added to the rear of the property. Each of these newer units offers one bedroom, one bathroom, an open-concept kitchen with an eating bar, and a living room area. Two units are located upstairs, and two are downstairs. A shared coin-operated laundry room is available on the ground level for tenant use. The property offers rental income and occupancy potential due to its mix of unit sizes, private and shared amenities, and central location.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Orland
County
Glenn
State
California
Longitude
-122.19374
Latitude
39.746147

FAQs

What type of property is this?
Apartment building - Versatile six-unit property with strong income potential in Orland.
Where is this apartment building located?
The property is located at 303 Colusa St Orland, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: - Strong income potential and long-term value as a 6-plex investment property.; - Located in a quiet, desirable neighborhood with convenient access to amenities.; - Mix of unit sizes (3-bedroom, 2-bedroom, and 1-bedroom) to attract a variety of tenants.
More about this property
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