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Listed by Josh Barker • Josh Barker Real Estate
$ 450,000
Est. payment /mo
New
1531 Mussel Shoals AVE Shasta Lake, CA 96019
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26-3144
Year Built 1979
Source Shasta Association of REALTORS®
Property Description
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, and outdoor adventure. 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 near local amenities, transportation, 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
Direction I-5 N to CA-151 W/Shasta Dam Blvd., right onto Mussel Shoals Ave.
Building
Building Description Wood Siding, Wood Siding
Story 1
Level or Stories 1.0
Structure Type Wood Siding
Others
Senior Community No
Tax ID 005-130-023
Acceptable Financing All Cash to Seller, Cash, Cash to New Loan
Listing Terms All Cash to Seller, Cash, Cash to New Loan
Special Listing Condition Probate