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5624 Blackoak Court

Stockton, CA 95207
  • $509,999
  • STATUS: Active
  • ON SITE: 74 Days
  • MLS #: 221097510
UPDATED: 60 min ago
$509,999
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Excellent turn-key investment. A great opportunity to own a 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 and 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 $37,092. GRM is 13.7 & Cap Rate is 7.3. Similar units in the neighborhood recently rented for $1,795 per month! Potential annual rents of $43,080 with a GRM of 11.8 and Cap Rate of 8.4%! A fantastic investment opportunity. A portfolio of up to 14 duplex are available in beautiful centrally located Quail Lakes.

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© 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-10-24T10:38:39.85. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.heidiphonghomes.com/homes/120266458
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5624 Blackoak Court Stockton, CA 95207

  • Price: $509,999
  • Status: Active
  • Updated: 60 min ago
  • MLS #: 221097510
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1978
Built
Neighborhood:
Quail Lakes
County:
San Joaquin
Area:
Stockton NW
Elementary School:
Stockton Unified
Middle School:
Stockton Unified
High School:
Stockton Unified
School District:
San Joaquin
Property Description
Excellent turn-key investment. A great opportunity to own a 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 and 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 $37,092. GRM is 13.7 & Cap Rate is 7.3. Similar units in the neighborhood recently rented for $1,795 per month! Potential annual rents of $43,080 with a GRM of 11.8 and Cap Rate of 8.4%! A fantastic investment opportunity. A portfolio of up to 14 duplex are available in beautiful centrally located Quail Lakes.
Exterior Features

Architectural Style Contemporary Carport Spaces 0 Construction Materials Ceiling InsulationFrameWall InsulationWoodWood Siding Covered Spaces 0 Foundation Slab Independent Parking Spaces 0 Levels One Lot Features Auto Sprinkler F&RCurbs/GuttersSidewalkLandscape BackLandscape Front Num Of Floors 1 Num Of Guest Spaces 0 Open Parking Spaces 4 Parking Features AttachedGarageGarage Door OpenerInterior Access Patio And Porch Features Uncovered PatioVaries By Unit Roof Tile Tandem Parking Spaces 0 Total Parking Spaces 8

Interior Features

Appliances Gas Water HeaterDishwasherDisposalFree Standing Electric Range Cooling SeparateCentral Flooring CarpetLaminateLinoleum Heating CentralSeparateNatural Gas Interior Features Vaulted Ceiling(S) Laundry Features In Each UnitVaries By UnitLaundry ClosetWasher/Dryer Hookups Num Of Rooms 0 Num Of Studio Units 0 Num Of1 Bedroom Units 0 Num Of2 Bedroom Units 2 Num Of3 Bedroom Units 0 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 1050 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1 Rent 1396 Unit1 Rooms 5 Unit1 Type Flat Unit2 Approx Sq Ft 1050 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Partial Baths 0 Unit2 Rent 1695 Unit2 Rooms 0 Unit2 Type Flat Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3 Rent 0 Unit3 Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4 Rent 0 Unit4 Rooms 0 Units Furnished None

Property Features

1 Bedroom Annual Occupancy 0 2 Bedroom Annual Occupancy 0 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Association Features None Association Fee 353 Association Fee Frequency Annually Association Fee Includes See Remarks Association YN Yes Electric 220 Volts Elevation 0 Income Includes Rent OnlySee RemarksOther Irrigation None Lease Deposit 0 Lease Term Month To Month Num Of Commercial Units 0 Operating Expense Includes See Remarks Property Subtype Duplex Property Type Residential Income Separate Meters ElectricityGasSee Remarks Sewer In & Connected Special Listing Conditions None Studio Annual Occupancy 0 Subtype Description Planned Unit Develop Tenant Pays ElectricitySewerGasTrash CollectionWaterSee Remarks Utilities Natural Gas Connected Water Source Meter On SitePublic Zoning Res

Listing provided courtesy of Lyon Re Folsom. Listing information © 2021 MetroList Services, Inc.


© 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-10-24T10:38:39.85. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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Elk Grove CA, 95758