9568 Kelley DR Active

Stockton,CA 95209

$ 635000

- Bed

0 Bath

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 $215

MLS Listing ID ML81978352

Year Built 1980

Annual Tax Amount $2,877

Lot Size 7,479 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 699 - Not Defined

Zoning NA

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Central,Electric

Cooling Central Air

Flooring Carpet,Tile

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

View Y/N No

Roof Type Shingle

Building

Story 1

Schools

School District Lodi Unified

Others

Special Listing Condition Standard

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