7357 Kelley DR Pending Save Request In-Person Tour Request Virtual Tour
Stockton,CA 95207
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
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