906-908 North St, McCloud, CA 96057
MULTI_FAMILY - McCloud, CA
- Added:
- Apr 16, 2024
- Days on Market:
- 812
- Last Refresh:
- Jul 6 at 12:06 pm
Property Features for 906-908 North St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1
- Exterior features
- Shed
- Fireplace
- 1
- Appliances
- Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 0.28 Acres
Utilities
- Heating system
- Wood Stove, Wood
Building Details
- Number of units
- 2
- Roof type
- Metal
- Architectural style
- Other
Listing agent Matthew Bryan License #02032265 (530) 859-2156
Listing office Elite Real Estate Group 309 N Mt Shasta Blvd, Mt.Shasta, CA (530) 938-0200
Listing date Apr 16, 2024
Copyright © 2026 Siskiyou Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Income potential: Rent from one unit can help cover mortgage costs.
- Prime location: Minutes from fishing, skiing, restaurants, and bars on Mt Shasta's eastern slopes.
- Spacious units: Two large 1250 sqft apartments, each with 2 bedrooms and 1 bathroom.
- Updated features: Includes a metal roof and new siding.
- Original charm: Historic mill‑town property with many original touches.
- Desirable amenities: Wood stove, laundry room, breakfast nook, and underground sprinkler system.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.0k | $13.20 |
| − Vacancy | −$1.4k | −$0.56 |
| EGI | $31.6k | $12.64 |
| − OpEx | −$9.5k | −$3.79 |
| NOI | $22.1k | $8.85 |
Alternative Uses
Current Use by Public Records
Map
- City
- McCloud
- County
- Siskiyou
- State
- California
- Longitude
- -122.121155
- Latitude
- 41.261845
