6905 El Dorado
Stockton CA 95207
$539,000
Status: Active
Description
Stop chasing appreciation and start collecting checks. This stabilized triplex is potentially the best-priced income play in Stockton. At the new price of $539,000, youre walking into a 4.75% ACTUAL Cap Rate on day onewith a clear path to a 5.7% PROFORMA return. Weve done the heavy lifting so you dont have to: Brand New Roof (2023) & New Gutters; Fresh Exterior Paint, Low Maintenance: Annual expenses are a lean $12,754. Unit 1: 2 bed, 1 bath; Unit 2: 1 bed, 1bath and Unit 3: 2 bed, 1 bath. Live in one, rent the others. All Exspense listed as "other". Offer Memorandum, Income & Expense report available upon request. Buyer will preform their own due diligence.
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