1531 Mussel Shoals, Shasta Lake, CA 96019
- $450,000
- List Price
- $450,000
- Status
- COMING SOON
- MLS#
- OC26196951
- Year Built
- 1979
- Lot Size
- 7,841
- Acres
- 0.18
- Lot Location
- Rectangular Lot, Sloped Up
- Days on Market
- 2
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
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, 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 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.
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Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Neighborhood
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $42,960
- Operating Expense
- 19950
Listing courtesy of Listing Agent: Darlene Summers (DSummers@SummerlandRE.com) from Listing Office: Summerland Real Estate.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.