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$388,000
Est. payment /mo
6,198 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 41119586
HOA Y/N No
Year Built 1948
Lot Size 6,198 Sqft
Property Sub-Type Triplex
Property Description
Turnkey, cash-flowing TRIPLEX in Stockton — priced to sell! Welcome to 1727 N Rhode Island Ave, a fully remodeled triplex generating $3,880/month in total rents and offered at just $388,000 — an ~8.33 GRM and ~12% gross rent yield. Unit mix is noted as APT A: 1 Bed/1Bath with $1380/month Rent, APT B - Studio with $1120/month Rent, And APT C is 1Bed/1Bath with $1380/month Rent with a Total of =$3880/month — a great setup for steady tenant demand. There's also a Separate Laundry with Washer and Dryer. All Tenants have been living in the property for more than a Year + Lease Agreements are currently monthly as well. A strong fit for investors looking for immediate income with a clean, updated asset that's easy to own. Do not disturb tenants. Showings by appointment only. Buyer to verify unit count, rent roll, expenses, and all property details.
Location
State CA
County San Joaquin
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Parking Features Other
Total Parking Spaces 3
Building
Sewer Public Sewer
Others
Tax ID 143040470000
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
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Listed by Jagjit Singh Simple Brokerage Inc.
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