Estimated Value: $551,000 - $687,000
Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, both units have 3 bedrooms, 2 full baths, 2-car garages, and feature spacious Living Rooms w/ cozy fireplaces and inside laundries. Durable long-lasting tile roofs & low maintenance yards. Tenants pay ALL utilities. Close to everything; award winning schools, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $37,416. GRM is 14.13 & Cap Rate is 7.1! Similar units in the neighborhood recently rented for $1,995 per month! Potential annual rents of $47,880 with a GRM of 11.05 and 9.1% Cap Rate! A fantastic investment opportunity. A portfolio of up to 19 duplex are available in beautiful centrally located Quail Lakes.
Last Agent to Sell the Property
Windermere Signature Properties El Dorado Hills/Folsom License #01321061 Listed on: 04/08/2021
Last Buyer's Agent
Hugo De Hoyos
Intero Real Estate Services License #01153534
Home Type
Est. Annual Taxes
Year Built
Lot Details
HOA Fees
Parking
Home Design
Interior Spaces
Kitchen
Flooring
Laundry
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Outdoor Features
Utilities
Listing and Financial Details
Overview
Building Details
$745,000
This well-maintained triplex offers a fantastic investment opportunity in the desirable Quail Lakes neighborhood. The property consists of three units, each with its own unique features and ample parking. Unit 1: 2 Bedrooms, 1.5 Bathrooms, 2-Story. Includes a 2-Car Garage and Inside Laundry Hookups. Unit 2: 2 Bedrooms, 1.5 Bathrooms, 2-Story. Includes a 1-Car Garage and Inside Laundry Hookups.
Liliana Hernandez RE/MAX Grupe Gold
$575,000
Nice triplex with all units rented to long term tenants and in good condition. 3 bedroom 2 bath unit includes a 2 car garage and the 2 bedroom units have a 1 car garage. Close to transportation, schools and shopping. Excellent income potential.
Steve Gong Berkshire Hathaway HomeServices-Drysdale Properties
$625,000
This well-maintained triplex is in a great location of north Stockton. The average market rent in this area ranges from $1,400 to $1,600, presenting a promising potential for rental income. Whether you're looking to start or expand your investment portfolio on this Rare Opportunity. All units have inside laundry hookup with garages. The owner replaced/installed a new roof three years ago and
Judy Vo RE/MAX Grupe Gold
$634,900
Excellent North Stockton Triplex located at the corner of a cul-de-sac. This professionally managed property is in an ideal location (Lodi Unified School District) close to Hammer Lane Shopping, public transportation, and quick access to I-5 and Highway 99. Good size units: Unit 1 is 3 Bedrooms, 2 Bathrooms; Unit 2 is 2 Bedrooms, 2 Bathrooms and Unit 3 is 2 Bedrooms, 2 Bathrooms. Each unit has
Khaksar Ahmad Reliance Real Estate, Inc
$499,000
North Stockton Duplex, one unit 3 bedroom, 2 bathroom with 2 car attached garage and one unit 2 bedroom 2 bathroom with 1 car garage. near by shopping, in Lodi school district. exterior stucco. offer subject to inspections.
Khaksar Ahmad Reliance Real Estate, Inc
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $535,000 | +1.1% | $219 / Sq Ft |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- |
| 04/08/2021 04/08/21 | For Sale | $529,000 | -- | $217 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,029 | $567,746 | $148,569 | $419,177 |
| 2023 | $6,872 | $556,614 | $145,656 | $410,958 |
| 2022 | $6,776 | $545,700 | $142,800 | $402,900 |
| 2021 | $2,937 | $239,326 | $63,167 | $176,159 |
| 2020 | $2,994 | $236,873 | $62,520 | $174,353 |
| 2019 | $2,983 | $232,230 | $61,295 | $170,935 |
| 2018 | $2,928 | $227,678 | $60,094 | $167,584 |
| 2017 | $2,774 | $223,215 | $58,916 | $164,299 |
| 2016 | $2,458 | $190,000 | $60,000 | $130,000 |
Seller's Agent in 2021
Greg Batchelder
Lyon Real Estate
(916) 205-6943
18 in this area
90 Total Sales
H
Buyer's Agent in 2021
Hugo De Hoyos
Intero Real Estate Services
Source: MetroList
MLS Number: 221030767
APN: 108-050-17
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