Average square foot calculated using Size range provided by listing agent.
Description
Turnkey Triplex - Cash-Flowing Investment in Stockton, CA. Investor alert! This well-maintained 1970-built concrete block triplex is fully leased and generating strong income, offering a low-maintenance opportunity in a high-demand rental market. Each of the three units spans approximately 966 sq ft and features 2 bedrooms, 1 bathroom, and a spacious 5-room open layout. Significant upgrades include a new roof installed in 2019 and two of the three units fully renovated in 2024. Modern amenities include a refrigerator, electric range, garbage disposal, and central A/C. An additional room with laundry hookups presents a potential value-add income opportunity. Each tenant enjoys a private backyard, and the property is equipped with public utilities, separate electric meters, and individual central A/C systems, making management simple and efficient. Projected 2025 gross rental income: $57, 600 Low annual expenses: Insurance - $2, 400 Taxes - $3, 300 Currently self-managed Centrally located with easy access to local conveniences and positioned in Stockton's path of progress, this fully occupied triplex is ideal for investors seeking immediate cash flow with upside potential. Don't miss out on this high-performing asset!Show Description