$ 625,000
9556 Kelley DR Stockton, CA 95209
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$ 625,000
Est. payment | /mo
7 Beds
6 Baths
2,945 SqFt
$ 625,000
Est. payment | /mo
7 Beds
6 Baths
2,945 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 $212
MLS Listing ID ML81978348
Bedrooms 7
Full Baths 6
Year Built 1980
Lot Size 7,000 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 7.1% 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
Interior
Heating Central Forced Air, Electric
Cooling Central AC
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 078-380-74
Security Features Fire Alarm
Horse Property No
Special Listing Condition Not Applicable
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Listed by Ashalatha Vurimi • Single Tree Realty