Sold

1727 N Rhode Island Ave, Stockton, CA 95205

Sqft
1,040

View property features, location on map, relevant school information and overview from seller's agent.

Listed bySimple Brokerage Inc.
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Square feet
1,040
Lot size (acres)
0.14
Year built
1948

Interior features

Basement
Yes

Utilities

Heating
Other
Cooling
Other

Public schools

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Sourced from: Bay East Association of REALTORS MLS®#: 41119586 Last checked:

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