- 88 days on site
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Investor alert! This classic 1948 triplex delivers immediate income + clear path to higher rents in one of Stockton's most convenient pockets. Currently generating $3,123/month gross ($1,041/unit average) on month-to-month leases well below current 1BR market rents of $1,250-$1,450. Bring units to market with simple cosmetic updates and watch your NOI climb fast. Each of the three 1-bedroom, 1-bath units offers: Spacious living room + separate dining area, Indoor laundry hookups (tenant convenience = longer tenancy), Private 1-car garage (a rare perk that tenants love and will pay for). Solid original bones with no deferred maintenance surprises just ready for your vision. Separate meters keep utility costs off your books. The large lot gives flexibility. Location: Steps from St. Joseph's Hospital, minutes to UOP, Miracle Mile shopping/dining, freeway access, and downtown. Perfect for the hands-on investor looking for a below-market entry price, strong rental demand, and immediate value-add equity. Property is being offered as-is.'' All information deemed reliable but not guaranteed buyer to verify.
Source: MetroList MLS, MLS#: 226039324
