$625,000
For Sale

9556 Kelley Drive

Stockton, CA 95209
2945 sqft | 0.16 acres | #ML81978348
Listing OfficeSingle Tree Realty
Browse 49 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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.

  • Property Details
      • Stories1
    • Measurements
      • Acres0.1607
      • Square Feet2945
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1980
  • Community and Neighborhood Details
      • School DistrictLodi Unified
      • CountySan Joaquin
  • Financial Details
      • Original List Price$645,000
      • Taxes Annual$3,056
  • Other
      • MLS #ML81978348

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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