1. California
  2. Mcarthur
  3. 45264 State HIghway 299E
$249,000

45264 State HIghway 299E, Mcarthur, CA 96056

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1976
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Don't miss out on this incredible opportunity to own income property at a great introductory price and build sweat equity! This offering includes two duplexes for a total of four rental units. Each unit offers three bedrooms, two bathrooms, and an attached single car garage and laundry room. According to tax records, each unit is approximately 1,150/sf. These units are currently vacant to allow for needed renovation and improvements, offering you the chance to customize them to your liking. Current conditions vary, with some units closer to rentable condition while one requires a complete overhaul. Both buildings will need roofs, fence, and tree work. Additionally, there is a detached building with a single car garage and storage area for the owner's personal use, if desired. Each building has its own septic system, and the property shares a well with a neighboring property that is also for sale. Imagine living here and enjoying the convenience of being less than 5 minutes from the town of McArthur. Envision the potential as you take in the stunning views of Mt. Shasta from your backyard. All units are on one level and feature newer windows and wall furnaces or monitor heaters with propane and kerosene fuel sources. Power is on, and water can be turned on easily for inspections. Build your wealth with these rental units and let the income pay your mortgage! Priced to make room for your improvements and profit margin, this property is a fantastic investment opportunity. Don't wait—seize this chance to create your ideal living and income-generating space!

Listing Status:
Active
Date Added:
March 31, 2025 at 05:00AM
Listing Office:
Coldwell Banker Intermountain Realty : 1 530-335-3588
Listing Agent:
Allison Cassity : 530-355-7306
MLS ID:
25-1285
  • Originating MLS: Shasta Association of REALTORS®
  • County: Shasta

This listing courtesy of Allison Cassity, Coldwell Banker Intermountain Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

F

Fall River Elementary Community Day

24977 Curve St, Fall River Mills, CA, 96028

Grades KG-6

5.86 miles away

F

Fall River Community Day

44144 A St, McArthur, CA, 96056

Grades 7-12

2.44 miles away

S

Soldier Mountain High (Continuation)

44144 A St, McArthur, CA, 96056

Grades 9-12

2.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.