987 Siskiyou Boulevard, Ashland, OR 97520
- $877,500
Listing courtesy of John L. Scott Ashland. Selling Office: .
- Sold Price
- $877,500
- List Price
- $950,000
- Closing Date
- Dec 08, 2023
- MLS#
- 220171273
- Status
- CLOSED
- City
- Ashland
- County
- Jackson
- Year Built
- 1940
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!
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Additional Information
- Taxes
- $6,448
- Acres
- 0.25
- View
- Cascade Mountains, Mountain(s), Neighborhood
- Water
- Public
- Heating
- Forced Air, Natural Gas
- Foundation
- Concrete Perimeter, Slab
- Flooring
- Concrete, Carpet, Hardwood, Laminate, Tile
- Elementary School
- Walker Elem
- Middle School
- Ashland Middle
- High School
- Ashland High
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