9556 Kelley Drive Active Save Request In-Person Tour Request Virtual Tour
Stockton,CA 95209
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
HOA Y/N No
Year Built 1980
Lot Size 7,000 Sqft
Acres 0.16
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 Listing
Zoning NA
Interior
Heating Electric,Forced Air
Fireplace No
Building
New Construction No
Schools
School District Lodi Unified
Others
Tax ID 07838074