4227 Siskiyou Ave Contingent Save Request In-Person Tour Request Virtual Tour
Dunsmuir,CA 96025
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Contingent
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $114
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 Both were outdated and needed work.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