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$450,000
Est. payment /mo
7 Beds
4 Baths
7,841 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26196951
Bedrooms 7
Lot Size 7,841 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Turn-Key, Income-Producing Fourplex in Shasta Lake City. Excellent opportunity to own a four-unit residential income property located at 1531 Mussel Shoals Avenue in Shasta Lake, just minutes from Shasta Dam Boulevard, I-5 access, Shasta Lake, recreation, boating, fishing, skiing at nearby Mt Shasta Ski Resort and many other outdoor adventures. This practical fourplex offers a strong mix of units, including three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, giving investors a desirable rental setup with multiple income streams. Each unit provides comfortable living space, functional floor plans, and air conditioning. The property also features coin-operated laundry for additional convenience and four covered carport spaces for tenant parking. Current gross scheduled monthly income is $3,580, with a gross scheduled annual income of $42,960, offering solid existing income with potential room for future improvement. Conveniently located just minutes from Shasta Dam Boulevard, I-5 access, Shasta Lake, recreation, boating, fishing, skiing at MT Shast Ski Resort and many other outdoor adventures, transportation, shopping and the outdoor lifestyle that makes Shasta Lake City attractive to tenants, this property is a strong addition to any income property portfolio.
Location
State CA
County Shasta
Community Horse Trails
Zoning Public Rec
Direction Shasta Dam to Mussel Shoals, Cross St is Front St
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 005130023000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Darlene Summers, DRE#01458761 Summerland Real Estate
NEARBY SCHOOL & BUSINESS
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