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$625,000

Est. payment - /mo

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2,945 SqFt

Price Dropped by $20K

9556 Kelley DR Stockton, CA 95209

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/22/2024 04:39 AM

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

HOA Y/N No

Year Built 1980

Annual Tax Amount $3,056

Lot Size 7,000 Sqft

Acres 0.1607

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 699 - Not Defined

Zoning NA

Interior

Heating Central, Electric

Cooling Central Air

Fireplace No

Exterior

Garage Spaces 3.0

Garage Description 3.0

View Y/N No

Roof Type Shingle

Accessibility Parking

Total Parking Spaces 3

Building

Story 1

Schools

School District Lodi Unified

Others

Tax ID 07838074

Special Listing Condition Standard

Listed by Asha Vurimi • Single Tree Realty

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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