1825 Grand Coulee, Shasta Lake, CA 96019

$387,500

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List Price
$387,500
Status
COMING SOON
MLS#
OC26198808
Year Built
1940
Lot Size
18,730
Acres
0.43
Lot Location
Yard
Days on Market
3
Property Type
Multifamily
Style
Cottage
Property Sub Type
Triplex
Stories
One Level

Property Description

Three Separate Houses on Two Side-by-Side Parcels in Shasta Lake City. Excellent opportunity to own a residential income property located at 1821,1825 and 1829 Grand Coulee Boulevard in Shasta Lake, 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. This unique property features three separate homes situated on two separate parcels located side by side, creating an attractive setup for investors, rental income, future flexibility, or multi-generational living. Each home offers 2 bedrooms and 1 bathroom, along with a functional floor plan, comfortable living space, wall furnace heating, window cooling, and off-street parking. The separate residences and two-parcel configuration provide added versatility and strong rental appeal for tenants seeking affordable housing near local amenities, transportation, and the outdoor lifestyle that makes Shasta Lake City desirable. Current gross scheduled monthly income is $3,050, with a gross scheduled annual income of $36,600, offering solid existing income with potential room for future improvement. A practical multi-unit opportunity with multiple income streams in a convenient Shasta Lake City location.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Neighborhood
Roof
Composition, Shingle
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$36,600
Operating Expense
9222

Listing courtesy of Listing Agent: Darlene Summers (DSummers@SummerlandRE.com) from Listing Office: Summerland Real Estate.

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Calculator source: Real Geeks

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.