1531 Mussel Shoals Avenue, Shasta Lake, CA 96019

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.