111 4th Street Orland, CA 95963

$475,000 Closed

About the Property

Please Note: This property has been SOLD

These great modern units have been maintained over the years. They are energy efficient with on demand hot water heaters, Laundry rooms, and down stairs bath for guests and a small fenced yard. Each unit has a Garage. The units are close to schools and services. 4th Street ends at the units so there is little traffic except for the home owners and tenants that live in the area. Tenants pay for utilities. One water meter but Orland has low cost water. I will have management expenses in the next few days.

Property Information

Size 3,796 SqFt
Price/SqFt $125
Lot Size 0.211 Acres
Year Built 2005
Property Type Residential Income
Listing Number SN18197557
Listed 8/14/2018
Modified 10/30/2018
Listing Agent John Wallace
Listing Office Century 21 Select Real Estate, Inc.
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
# Water Meters
  • 1
Cap Rate
  • 6.00
Electric
  • 220V In Laundry
Exterior
  • Rain Gutters
Fireplace
  • None
Garage Spaces
  • 4.00
Gross Income
  • 42000.00
Gross Scheduled Income
  • 42000.00
Levels
  • Two
Net Operating Income
  • 26440.00
Operating Expense
  • 15569.00
Parking Total
  • 4.00
Pool
  • None
Price Pe rUnit
  • 120000
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Style
  • Traditional
Total Expenses
  • 15569.00
Views
  • Neighborhood
Water Source
  • None
Cooling
  • Central
  • Electric
Fencing
  • Average Condition
  • Wood
Flooring
  • Carpet
  • Vinyl
Heating
  • Central Furnace
  • Natural Gas
Tenant Pays
  • Electricity
  • Gas
Construction Materials
  • Drywall Walls
  • Frame
  • Wood Siding
Interior
  • Formica Counters
  • Open Floor Plan
  • Storage Space
Appliances
  • Electric Range
  • Gas Water Heater
  • High Efficiency Water Heater
  • Tankless Water Heater
Community Features
  • Curbs
  • Gutters
  • Sidewalks
  • Storm Drains
  • Street Lighting
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Water Connected