4227 Siskiyou Ave Active 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 Active
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $132
MLS Listing ID 225043131
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1988
Lot Size 7,080 Sqft
Acres 0.1625
Property Sub-Type Single Family Residence
Source MLS Metrolist
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 Both were outdated and needed work.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
Direction From Redding, take I-5 North and drive approximately 50 miles toward Dunsmuir. Take Exit 732 for Dunsmuir Avenue and turn left onto Dunsmuir Ave. Continue south, then turn right onto Siskiyou Avenue. Drive a short distance, and 4227 Siskiyou Ave will be on your left.
Rooms
Guest Accommodations No
Living Room Cathedral/Vaulted
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
Private Pool No
Building
Lot Description Shape Regular
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Cabin
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Other
Others
Senior Community No
Tax ID 059211070000
Special Listing Condition Offer As Is