Dunsmuir, CA 96025,4227 Siskiyou Ave
Dunsmuir, CA 96025,4227 Siskiyou Ave
Dunsmuir, CA 96025,4227 Siskiyou Ave
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$219,000
Est. payment /mo
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4 Beds
2 Baths
1,650 SqFt
Price Dropped by $10K

4227 Siskiyou Ave Dunsmuir, CA 96025

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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

Originating Board MLS Metrolist

Year Built 1988

Lot Size 7,080 Sqft

Acres 0.1625

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 Both were outdated and needed work.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

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


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agent

Julie Liebel

Agent | License ID: 02092958

+1(916) 501-0155

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4227 Siskiyou Ave