1825 Grand Coulee, Shasta Lake, CA 96019

Property Description

Turn-Key, Income Producing, Property Managed. 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.