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Great opportunity to own good income producing Triplexes. Triplex has One 3 bedroom, 2 baths and Two 2 bedrooms 2 baths Total 7 Bedrooms and 6 Baths. Year Built : 1980 Excellent opportunity to generate passive income. All units are leased. All units have wood burning fireplaces. Nice size yard. Desired Lodi School District. Most of the flooring is either tiles or vinyl and kitchens are also remodeled. This property is in a convenient and excellent position close to Hammer Lane shopping, public transportation and quick Hwy 99/ I-5 access. Seller owned these two properties for about 10 years. Proforma's cap rate can be 6.91% as per current market rents. Seller didn't revise the rents to match with the current market rents.
Last Updated | 1/5/2025 | Year Built | 1980 |
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Community | Not Defined | Garage Spaces | 3.0 |
County | San Joaquin |
SCHOOLS
School District | Lodi Unified |
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Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan |
AREA | Not Defined |
GARAGE | Yes |
HEAT | Central, Electric |
LOT | 7478 sq ft |
STORIES | 1 |
TAXES | 2877 |
ZONING | NA |
Location
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