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Geoff Goolsby

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$ 659,000

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7357 Kelley DR Stockton, CA 95207

2,886 SqFt

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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

HOA Y/N No

Year Built 1977

Lot Size 8,246 Sqft

Acres 0.1893

Property Sub-Type Triplex

Source MLS Metrolist

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

Direction From I5 exit Hammer Ln. Take Kelley Dr. South.

Interior

Heating Central

Flooring Carpet, Vinyl

Appliance Free Standing Electric Oven

Laundry Laundry Closet, Washer/Dryer Hookups

Exterior

Parking Features Off Street, Garage

Garage Spaces 3.0

Utilities Available Natural Gas Connected, Electric

Water Access Desc Meter Required

Total Parking Spaces 6

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

Senior Community No

Tax ID 082-340-03

Special Listing Condition None

Listed by Ron Katzakian REALTOR

Geoff Goolsby

Agent | CA DRE#01926125

+1(916) 871-2855

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Geoff Goolsby

7357 Kelley DR Stockton, CA 95207

Key Details

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7357 Kelley DR