9568 Kelley DR Active

Stockton,CA 95209

$ 655000

7 Beds

6 Baths

2945 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,945 sqft

Price per Sqft $222

MLS Listing ID ML81978352

Bedrooms 7

Full Baths 6

Year Built 1980

Lot Size 7,478 Sqft

Property Description

Great opportunity to own good income producing Triplexes. Seller owns two triplexes (ML81978352 & ML81978348 ) and buyer can buy only one or both Triplexes together. 9556 Kelley Dr Stockton : $645,000 (2945 Sq ft built area. 7000 Sq ft lot.) , 9568 Kelley Dr Stockton: $655,000 (2945 Sq ft built area. 7478 Sq ft lot.) Each Triplex has One 3 bedroom, 2 baths and Two 2 bedrooms 2 baths:Total 7 Bedrooms and 6 Baths. Year Built : 1980 Excellent opportunity to generate passive income. All units are leased. All units have wood burning fireplaces. Nice size yard. Desired Lodi School District. Most of the flooring is either tiles or vinyl and kitchens are also remodeled. This property is in a convenient and excellent position close to Hammer Lane shopping, public transportation and quick Hwy 99/ I-5 access. Seller owned these two properties for about 10 years. Proforma's cap rate can be 6.91% as per current market rents. Seller didn't revise the rents to match with the current market rents.

Location

State CA

County San Joaquin

Area Stockton East

Zoning NA

Rooms

Kitchen Dishwasher,Dual Fuel,Exhaust Fan,Garbage Disposal,Oven Range,Pantry,Pantry Cabinet,Refrigerator

Interior

Heating Central Forced Air,Electric

Cooling Central AC

Flooring Carpet,Tile,Vinyl / Linoleum

Laundry None

Exterior

Garage Detached Garage

Garage Spaces 3.0

Utilities Available Individual Electric Meters,Individual Gas Meters

Roof Type Shingle

Building

Story 1

Foundation Other

Sewer Sewer in Street

Water Individual Water Meter

Level or Stories 1

Others

Tax ID 078-380-76

Security Features Fire Alarm

Horse Property No

Special Listing Condition Not Applicable

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