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Elite Real Estate Group
info@elitereg805.com$388,000
Est. payment /mo
Open House
Wed Dec 24, 2:00pm - 6:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41119586
HOA Y/N No
Year Built 1948
Property Sub-Type Triplex
Property Description
Turnkey, cash-flowing TRIPLEX in Stockton — priced to sell! Welcome to 1727 N Rhode Island Ave, a fully remodeled triplex generating $3,880/month in total rents and offered at just $388,000 — an ~8.33 GRM and ~12% gross rent yield. This property has been refreshed top-to-bottom with new interior & exterior paint, new laminate flooring, new kitchen cabinets, granite countertops, vinyl windows, a new roof, new wall furnaces, updated light fixtures, and new sinks/showers/toilets, plus new doors and outlet/switch plates. There's also an indoor laundry room, and appliances are installed. Unit mix is noted as A: 2/1, B: 1/1, C: 2/1 — a great setup for steady tenant demand. A strong fit for investors looking for immediate income with a clean, updated asset that's easy to own. Do not disturb tenants. Showings by appointment only. Buyer to verify unit count, rent roll, expenses, and all property details.
Location
State CA
County San Joaquin
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Parking Features Other
Total Parking Spaces 3
Building
Sewer Public Sewer
Others
Tax ID 143040470000
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
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Listed by Jagjit Singh Simple Brokerage Inc.
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Elite Real Estate Group
Team