987 Siskiyou Blvd

Ashland, OR 97520 View Map $877,500 Ask a Question
Sq.Ft.3,183
Year1940
View 987 Siskiyou Blvd with HD Pictures, Virtual Tours & Aerial Maps | MLS #220171273 Photo 1
View 987 Siskiyou Blvd with HD Pictures, Virtual Tours & Aerial Maps | MLS #220171273 Map
Jacob Ghena

Jacob Ghena

(541) 897-9898

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Off the Market in Jackson County: 987 Siskiyou Blvd, Ashland, OR 97520. Last sold for $877,500, this 3183 SqFt -Bed, -Bath, Southern Oregon Property rests on 0.25 acres. Team Jacob.Realtor @ eXp Realty are Southern Oregon's experts in Ashland OR Real Estate. If you need more information about buying or selling this home, or a neighboring Ashland Property, reach us directly at 541-897-9898 and mention MLS# 220171273 to reference this property. 
Status: Sold
Property Type:Multi Family
MLS #:220171273
Sq. Feet:3,183
Date Sold:12/8/2023
Lot Size:10,890 Sq. Ft.
County:Jackson

Listing Office

Office:John L. Scott Ashland
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!

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
12/11/2023$950,000$877,500-7.6%

Community Information

Address:987 Siskiyou Blvd, Ashland, OR 97520
County:Jackson
City:Ashland
Zip Code:97520

School Information

High School:Ashland High
Middle School:Ashland Middle
Elementary School:Walker Elem

Architecture

Year Built:1940
Stories:2
Style:Cottage/Bungalow, Traditional
Construction Materials: Frame
Unit 1: 7 Beds•2 Baths•$3,500 rent•2376.0 sq.ft.
Unit 2: 1 Bed•1 Bath•$950 rent•305.0 sq.ft.
Unit 3: 1 Bed•1 Bath•$950 rent•305.0 sq.ft.
Unit 4: 1 Bed•1 Bath•$1,100 rent•289.0 sq.ft.
Roof: Composition
Foundation: Concrete Perimeter, Slab
Basement: Exterior Entry, Finished, Partial
Builder Name: Scott Willits Construction
Parking Features: Alley Access, Asphalt, Assigned, Attached Carport, Concrete, Driveway, No Garage, Parking Lot

Features / Amenities

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
Flooring: Carpet, Concrete, Hardwood, Laminate, Tile
Exterior Features: Courtyard, Deck, Patio
Accessibility Features: Accessible Approach with Ramp
Other Structures: Guest House, Storage
Window: Storm Window(s), Wood Frames
Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
Additional Features: Separate Electric Meters
Cooling: Central Air
Heating: Forced Air, Natural Gas

Property Features

Lot Size: 0.25 Acres / 10,890 Sq. Ft.
Lot Features: Drip System, Landscaped, Level
View: Cascade Mountains, Mountain(s), Neighborhood
Sewer: Public Sewer
Water: Public
Road Frontage: Shared Access
Road Surface: Paved
Directions:To access private parking lot behind property, take S Mountain Ave, right on Iowa St, right on alley past Timber Kids Dentistry parking lot on right.

Tax and Financial Info

Buyer Agency Compensation Type: %
Tax Year: 2023
Tax Annual Amount: $6,448.98
Listing Terms: Cash, Conventional, FHA, FMHA, USDA Loan, VA Loan
Gross Income: $72,000
Net Income: $51,084.87
Sale Includes: All appliances: 4 full-size refrigerators, 1 mini-refreigerator, 2 range ovens, 2 cooktops, 1 microwave, 1 dishwasher.
Documents on File: Maintenance Records, Profit and Loss Statement, Rental Agreement, Seller Disclosure

Schools

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