987 Siskiyou Boulevard, Ashland, OR 97520

$950,000

Listing courtesy of John L. Scott Ashland.

List Price
$950,000
Days on Market
9
MLS#
220171273
Acres
0.25
Lot Size
10,890
Year Built
1940
subdivision
N/A

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!

Additional Information

Stories
Multi/Split
Roof
Composition
Flooring
Carpet, Concrete, Hardwood, Laminate, Tile
Interior Features
Breakfast Bar, Built-in Features, Ceiling Fan(s), Linen Closet, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances
Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Refrigerator, Water Heater
Exterior Features
Courtyard, Deck, Patio
View
Cascade Mountains, Mountain(s), Neighborhood
Cooling
Central Air
Heating
Forced Air, Natural Gas
Water
Public
Sewer
Public Sewer
Elementary School
Walker Elem
Middle School
Ashland Middle
High School
Ashland High
Taxes
$6,242
Zoning
R-2

Mortgage Calculator

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Calculator source: Real Geeks

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