Description
Two Residences on One Parcel - Value-Add Investment Opportunity Excellent opportunity to acquire a cash-flowing duplex-style property on a single APN in Shasta Lake City. Each parcel includes two separate residential units, offering diversified income and long-term upside. Current rents total $1,929 /month per parcel, with one unit (4325.5) already remodeled and the second unit (4309) offering clear value-add potential through cosmetic improvements and rent optimization. Property is well suited for an investor seeking stable in-place income with the ability to improve returns through targeted renovations. One unit has been recently remodeled; the second unit is functional but in rougher condition, providing upside for the next owner. Ideal for buy-and-hold investors, small portfolio owners, or those seeking a light value-add project in a strong rental market. Two parcels available (See listing for 4309 Meade St to be combined with this listing) — seller will consider individual or combined purchase. Please do not disturb tenants. Call Owner directly with any questions.
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3BEDS
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0.13ACRES
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2BATHS
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01/2 BATHS
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696SQFT
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$358$/SQFT
School Ratings & Info
Description
Two Residences on One Parcel - Value-Add Investment Opportunity Excellent opportunity to acquire a cash-flowing duplex-style property on a single APN in Shasta Lake City. Each parcel includes two separate residential units, offering diversified income and long-term upside. Current rents total $1,929 /month per parcel, with one unit (4325.5) already remodeled and the second unit (4309) offering clear value-add potential through cosmetic improvements and rent optimization. Property is well suited for an investor seeking stable in-place income with the ability to improve returns through targeted renovations. One unit has been recently remodeled; the second unit is functional but in rougher condition, providing upside for the next owner. Ideal for buy-and-hold investors, small portfolio owners, or those seeking a light value-add project in a strong rental market. Two parcels available (See listing for 4309 Meade St to be combined with this listing) — seller will consider individual or combined purchase. Please do not disturb tenants. Call Owner directly with any questions.
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