7357 Kelley DR new Save Request In-Person Tour Request Virtual Tour
Stockton,CA 95207
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,886 sqft
Price per Sqft $228
MLS Listing ID 225108426
Year Built 1977
Lot Size 8,246 Sqft
Property Sub-Type Triplex
Property Description
Top-Notch Triplex Investment Opportunity - Lincoln School District Outstanding investment opportunity in the highly desirable Lincoln School District. This well-maintained triplex offers a strong current income stream with room for rental growth. Gross annual income is $48,420, with tenants reimbursing all utilities. The property consists of two 2-bedroom/1-bath units and one 3-bedroom/2-bath unit, with the larger unit featuring direct garage access. Significant improvements were completed within the last two years, including: partial window replacement, full driveway replacement, siding and trim replacement, new garage doors, full exterior paint, new fencing, refreshed front landscaping, and a complete interior renovation of Unit 7355. Current Rent Roll (including utility reimbursements): 7353 - $1,021.35 7355 - $1,937.35 (includes $50 garage rental) 7357 - $1,937.35 Annual Income Breakdown: Rent: $43,356 Utility Reimbursements: $5,064 Garage Rental: $600 Total: $48,420 This is a turn-key property with excellent long-term potential, located in one of Stockton's most sought-after rental markets. Photos shown are of Unit 7355 prior to current occupancy.
Location
State CA
County San Joaquin
Area 20704
Interior
Heating Central
Flooring Carpet,Vinyl
Laundry Laundry Closet,Washer/Dryer Hookups
Exterior
Parking Features Off Street,Garage
Garage Spaces 3.0
Utilities Available Natural Gas Connected,Electric
Building
Lot Description Cul-De-Sac
Story 1
Foundation Concrete
Sewer Public Sewer
Water Meter Required
Schools
Elementary Schools Lincoln Unified
Middle Schools Lincoln Unified
High Schools Lincoln Unified
School District San Joaquin
Others
Special Listing Condition None