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5619 Cascade CT Stockton, CA 95207
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Key Details
Sold Price $504,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20069067
HOA Fees $29/ann
Year Built 1979
Lot Size 8,280 Sqft
Property Description
Excellent turn-key investment. A great opportunity to own a recently updated duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, both units have 2 bedrooms, 1 full bath, 2-car garages, and feature spacious Living Rooms w/ cozy fireplaces, 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 $35,580. GRM is 13.91! 5619 Cascade Court was recently updated and just rented for $1,795 per month! Potential annual rents of $43,080 with a GRM of 11.49 and Cap Rate of 8.7%! A fantastic investment opportunity. A portfolio of up to 19 duplex are available in beautiful centrally located Quail Lakes.
Location
State CA
County San Joaquin
Area 20704
Interior
Heating Central
Cooling Central
Flooring Carpet, Laminate
Laundry Other
Exterior
Garage Garage
Garage Spaces 2.0
Utilities Available Other
Amenities Available None
Roof Type Tile
Building
Lot Description Other
Story 1
Foundation Slab
Sewer Public Sewer
Water Meter on Site, Private
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Special Listing Condition None
Read Less
Bought with Keller Williams
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