Listing Courtesy of: Ron Benning - eXp Realty of California Inc 848-7410
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9304 Fox Creek Drive Unit 9304 Stockton, CA 95210

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Multi-Family Residence
Beds
Baths
Sq. Ft.
0.14 Acre Lot
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Last updated on 9/27/2024 4:10 AM

Listing Details

Hard to find Duplex with 2 3 Bedroom, 2 bath units located in Wagner Heights (North Stockton) . Both units were updated about 7 years ago. This property is located in the Lodi Unified School District. The current owners more recently replaced the air conditioners, water heaters and gutters. The pr...operty has a stucco exterior, tile roof and dual pane windows. Current rents are $2000 a month and $1980 a month with the tenants also paying all utilities. This is equivalent to another $200- $250 a Month. Gross scheduled income is $47,760 with a GRM of 11.51 or about $50,760 and a GRM of 10.83 after factoring in the additional utilities. Proforma Cap rate of 6.03% based on current expenses and projected taxes. You can count on stable rents because both tenants are on the Housing Voucher program with the majority of the rent GUARANTEED and direct deposited into your account each month. Offer with confidence knowing the seller is providing a pest inspection and whole house inspection that ARE ATTACHED. One is the property inspection the other shows as 3A report but IT IS ACTUALLY THE PEST AND DRY ROT REPORT. Continue reading
MLS#
224098269
Property Type
Multi-Family
Year Built
1980
Lot Size
0.14
Stories
1.0
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Listing Courtesy of: Ron Benning - eXp Realty of California Inc 848-7410

Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Terms of Use
This content last refreshed on 9/27/2024 4:10 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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