24
Pending

2252 E MARSH ST Stockton, CA 95205

$495,000

Bedrooms

Total Baths

Full Baths

Square Feet

0.23

Acres

1955

Year Built

Pending

Status

MLS#

221148967

Listed By Greg Batchelder
Lyon RE Folsom

2 houses on 1 double sized lot. Each house is 2 bedrooms and 1 bath and a one car garage. Excellent investment as-is or split into 2 lots with 2 single-family-homes. Property is splitable with a variance from the city and would provide an even greater return on investment as 2 single-family-homes. Both houses are fenced and 2252 E. Marsh has been remodeled with fresh paint, carpet & flooring, and a completely remodeled bath. Currently total annual rents are $33,624 with a GRM of 14.72 and 6.8% Cap Rate. Rents are below market with potential rents of $1,595 to $1,695 per month. Potential annual income of $40,680 with a GRM of 12.2 and 8.2% Cap Rate! A fantastic investment opportunity. 2260 E. Marsh is occupied. PLEASE DO NOT DISTURB THE TENANTS.

Details


Interior
Appliances
Free Standing Gas Range
Flooring
Carpet, Laminate

Hoa Features
Association Name
No

Building And Construction
Property Sub Type
Duplex
Property Type
Residential Income
Year Built
1955

Exterior And Lot
Lot Size Acres
0.2296
Lot Size Square Feet
10001
Parking Total
4
Zoning
RES

Utilities
Cooling
Window Unit(s)
Heating
Wall Furnace, Natural Gas

Area And Schools
City
Stockton
County Or Parish
San Joaquin

Listing Office Lyon RE Folsom

MLS# 221148967

Updated 12:18AM - 1/24/2022

Listing Agent Greg Batchelder

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of MetroList Services. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. MetroList Services does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer?s may be interested in purchasing. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Information deemed reliable but not guaranteed. Copyright© 2022 Metrolist (R) MLS. All Rights Reserved. Status Modifier Explanations Release Clause - ?Release Clause ? backup offers accepted? Value Rng Pricing - ?Variable Price? indicating the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-170,000 indicates the seller will entertain offers from $140,000 to $170,000. Short Sale ? ?Short Sale? MLS Entry Only - ?MLS Entry-Only Listing?, as per Listing Agreement, Broker will not be providing any of a number of customary services. Limited Service S - ?Limited Service Listing?, as per Listing Agreement Broker will not be providing any of a number of customary services. MetroList Services, Inc.

My Places

to see estimated driving times between properties and places important to you.

95205 Statistics and Information

Data provided by Maponics

Your browser is out of date or unsupported. Some features of this website may not work until you update to a supported browser. More Info

Your browser is not currently supported. We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: