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$280,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41119510
HOA Y/N No
Year Built 1951
Property Sub-Type Duplex
Property Description
Cash-flow duplex opportunity in Stockton — priced to sell! Welcome to 1322 N Filbert St, a well-positioned duplex with strong in-place income of $2,800/month ($33,600/year) and an attractive list price of just $280,000. That's an ~8.33 GRM and ~12% gross rent yield (before expenses)—a compelling option for investors and 1031 exchange buyers looking for immediate rental income. This is a great add-to-portfolio property with room for long-term upside through continued improvements and rental optimization. Do not disturb tenants. Showings by appointment only. Buyer to verify unit count, square footage, rents, 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 2
Building
Sewer Public Sewer
Others
Tax ID 143070090000
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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