4227 Siskiyou Ave Sold Save Request In-Person Tour Request Virtual Tour
Dunsmuir,CA 96025
Key Details
Sold Price $200,0005.8%
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $121
MLS Listing ID 225043131
Bedrooms 4
Full Baths 2
Year Built 1988
Lot Size 7,080 Sqft
Property Sub-Type Single Family Residence
Property Description
This is a fixer property that is going to need some work but is coming in at a low price to accomadate some rehab work. It's got goergeous open beam ceilings and potential to generate an income as a STR and you could rent a few weekend during fishing season for yourself and some friends. As you can imagine, there are very few comps. I found a couple properties that sold on Siskiyou ave that are also 4 bed/2 ba properties. One sold for $216500 and the other sold for $270k. Both were outdated and needed work. Given that our subject property has open beam ceilings, and is a little larger than these comps, I'd roughly estimate the ARV is around the $265k-$275k mark. AirDNA estimates that this property could generate about $62000/year in projected revenue. I've done the math for you: example cash flow: 20% down = $44k Monthly expenses on 175k mortgage= $1,330.53 Average monthly income as a short term rental: $5,233 Potential Gross Cash Flow: $3900
Location
State CA
County Siskiyou
Area Siskiyou County
Rooms
Dining Room Dining/Family Combo
Kitchen Breakfast Area
Interior
Heating Wood Stove,Other
Cooling MultiUnits
Flooring Carpet,Laminate,Tile,Vinyl,Wood
Fireplaces Number 1
Fireplaces Type Wood Stove
Laundry Inside Area
Exterior
Parking Features Garage Facing Front
Utilities Available Other
Roof Type Shingle
Building
Lot Description Shape Regular
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Other
Others
Special Listing Condition Offer As Is