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987 Siskiyou Boulevard

Ashland, OR 97520
  • $877,500
  • STATUS: Closed
  • ON SITE: 301 Days
  • MLS #: 220171273
Sold - 12/08/2023
$877,500
SOLD - 12/08/2023
  • 10
    BEDS
  • 0.25
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,183
    SQFT
  • $0
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1940
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of John L. Scott Ashland :.

Description

Investor's dream! Four legal residential units -- 5 bedroom home, 1 bedroom cottage, and 2 studios -- with projected income of $6,500 per month located directly across from Southern Oregon University. Extensively remodeled main home now ADA-compliant and recognized as legal residential dwelling with anticipated rent of $3,500 per month features new fire suppression sprinkler system, five bedrooms with closets, two full bathrooms, new kitchen with stainless appliances and quartz counters, laundry room, office, bonus room, new HVAC, and rooftop solar array. Two lower-level studio apartments with kitchens and full bathrooms -- each currently rented for $950 per month. Detached cottage with vaulted ceiling, skylights, loft, full bathroom, and kitchen with new range currently rented for $1,100 per month. Many potential uses in R-2 zoning with commercial overlay -- including Traveler's Accommodation such as AirBnb or VRBO, residential care facility, or nursing home. Inquire for details!

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Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ninebark Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Ninebark Real Estate. Data last updated: .2024-07-12T23:54:18.38
www.buyingbend.com/homes/143432460
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987 Siskiyou Boulevard Ashland, OR 97520

  • Price: $950,000
  • Status: Closed
  • On Site: 301 Days
  • Updated: 175 min ago
  • MLS #: 220171273
10
Beds
5
Baths
0
½ Baths
0.25
Acres
3,183
SQFT
$0
$/SQFT
1940
Built
Neighborhood:
N/A
County:
Jackson
Area:
Ashland
Elementary School:
Walker Elem
Middle School:
Ashland Middle
High School:
Ashland High
Property Description
Investor's dream! Four legal residential units -- 5 bedroom home, 1 bedroom cottage, and 2 studios -- with projected income of $6,500 per month located directly across from Southern Oregon University. Extensively remodeled main home now ADA-compliant and recognized as legal residential dwelling with anticipated rent of $3,500 per month features new fire suppression sprinkler system, five bedrooms with closets, two full bathrooms, new kitchen with stainless appliances and quartz counters, laundry room, office, bonus room, new HVAC, and rooftop solar array. Two lower-level studio apartments with kitchens and full bathrooms -- each currently rented for $950 per month. Detached cottage with vaulted ceiling, skylights, loft, full bathroom, and kitchen with new range currently rented for $1,100 per month. Many potential uses in R-2 zoning with commercial overlay -- including Traveler's Accommodation such as AirBnb or VRBO, residential care facility, or nursing home. Inquire for details!
Exterior Features

Architectural Style Cottage/BungalowTraditional Construction Materials Frame Exterior Features CourtyardDeckPatio Foundation Details Concrete PerimeterSlab Levels Multi/Split Lot Features Drip SystemLandscapedLevel Parking Details Numberof Carports 1 Parking Details Numberof Other Parking 10 Parking Features Alley AccessAsphaltAssignedAttached CarportConcreteDrivewayNo GarageParking Lot Road Surface Type Paved Roof Composition View Cascade MountainsMountain(s)Neighborhood

Interior Features

Appliances CooktopDishwasherDisposalMicrowaveOvenRangeRange HoodRefrigeratorWater Heater Basement Exterior EntryFinishedPartial Cooling Central Air Flooring CarpetConcreteHardwoodLaminateTile Heating Forced AirNatural Gas Interior Features Breakfast BarBuilt-in FeaturesCeiling Fan(s)Linen ClosetOpen FloorplanPrimary DownstairsShower/Tub ComboSolid Surface CountersVaulted Ceiling(s)Walk-In Closet(s) Security Features Carbon Monoxide Detector(s)Fire Sprinkler SystemSmoke Detector(s) Unit1 Square Footage 2376.00 Unit2 Square Footage 305.00 Unit3 Square Footage 305.00 Unit4 Square Footage 289.00 Window Features Storm Window(s)Wood Frames

Property Features

Additional Parcels YN No Association YN No Builder Name Scott Willits Construction CCAnd Rs YN No Community Features Gas AvailableParkPickleball Court(s)PlaygroundShort Term Rentals AllowedSport CourtTennis Court(s)Trail(s) FIRPTAYN No Inclusions All appliances: 4 full-size refrigerators1 mini-refreigerator2 range ovens2 cooktops1 microwave1 dishwasher. Incomeand Expenses Annual Amounts Cap Rate 5.38 Incomeand Expenses Annual Amounts Gross Income 72000.00 Incomeand Expenses Annual Amounts Net Operatin 51084.87 Incomeand Expenses Annual Amounts Operating Ex 15155.13 Incomeand Expenses Annual Amounts Professiona 5760.00 Listing Terms CashConventionalFHAFMHAUSDA LoanVA Loan New Construction YN No Property Sub Type Multi Family Sewer Public Sewer Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 6448.98 Tax Year 2023 Unit1 Monthly Rent 3500.00 Unit1 Status Vacant Unit1 Unit Number 987 Unit2 Monthly Rent 950.00 Unit2 Status Leased Unit2 Unit Number 983 Unit3 Monthly Rent 950.00 Unit3 Status Leased Unit3 Unit Number 989 Unit4 Monthly Rent 1100.00 Unit4 Status Leased Unit4 Unit Number 991 Water Source Public Zoning R-2

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of John L. Scott Ashland :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ninebark Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Ninebark Real Estate. Data last updated: .2024-07-12T23:54:18.38
 
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20415 Whistle Punk Rd.
Bend OR, 97702
Listing provided courtesy of John L. Scott Ashland :.