Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet tree lined street, 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, colleges, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $34,788. Similar units in the neighborhood recently rented for $1,895 and $1,995. Potential annual rents of $47,880 with a GRM of 12.43 and Cap Rate of 8.1%! A fantastic investment opportunity. A portfolio of up to 10 duplex are available in beautiful centrally located Quail Lakes.

Architectural Style Contemporary Carport Spaces 0.00 Construction Materials Ceiling InsulationStuccoFrameWall InsulationOther Covered Spaces 0.00 Exterior Features Yard Space Foundation Slab Independent Parking Spaces 0 Levels One Lot Features Auto Sprinkler F&RShape RegularCurbs/GuttersSidewalkLandscape BackLandscape Front Num Of Floors 1 Num Of Guest Spaces 0 Open Parking Spaces 4.00 Parking Features GarageGarage Door Opener Patio And Porch Features Covered Patio Roof Tile Tandem Parking Spaces 0 Total Parking Spaces 8.00

Appliances Gas Water HeaterDishwasherDisposalFree Standing Electric Range Basement None Cooling SeparateCentral Flooring CarpetLaminateVaries By Unit Heating CentralSeparateNatural Gas Interior Features Vaulted Ceiling(S) Laundry Features In Each 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 1014 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1 Rent 1556 Unit1 Rooms 6 Unit1 Type Flat Unit2 Approx Sq Ft 1064 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Partial Baths 0 Unit2 Rent 1343 Unit2 Rooms 6 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 Window Features Window CoveringsVaries By Unit

1 Bedroom Annual Occupancy 0 2 Bedroom Annual Occupancy 0 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Association Features See Remarks Association Fee 353 Association Fee Frequency Annually Association Fee Includes ManagementSee Remarks Association YN Yes Electric 220 Volts Elevation 0 Income Includes See Remarks Irrigation None Lease Deposit 0 Lease Term Month To Month Num Of Commercial Units 0 Property Condition Varies By Unit Property Subtype Duplex Property Type Residential Income Separate Meters ElectricityGasWater Sewer In & Connected Special Listing Conditions None Studio Annual Occupancy 0 Subtype Description Planned Unit Develop Tenant Pays Cable TvElectricitySewerGasTaxesSee RemarksOther Utilities Cable AvailableNatural Gas ConnectedElectricInternet Available Water Source Meter On SitePublic Zoning Res

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5625 Passero Way

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5625 Passero Way Stockton, CA 95207

Property Description

Architectural Style	Contemporary
Carport Spaces	0.00
Construction Materials	Ceiling Insulation Stucco Frame Wall Insulation Other
Covered Spaces	0.00
Exterior Features	Yard Space
Foundation	Slab
Independent Parking Spaces	0
Levels	One
Lot Features	Auto Sprinkler F&R Shape Regular Curbs/Gutters Sidewalk Landscape Back Landscape Front
Num Of Floors	1
Num Of Guest Spaces	0
Open Parking Spaces	4.00
Parking Features	Garage Garage Door Opener
Patio And Porch Features	Covered Patio
Roof	Tile
Tandem Parking Spaces	0
Total Parking Spaces	8.00

Appliances	Gas Water Heater Dishwasher Disposal Free Standing Electric Range
Basement	None
Cooling	Separate Central
Flooring	Carpet Laminate Varies By Unit
Heating	Central Separate Natural Gas
Interior Features	Vaulted Ceiling(S)
Laundry Features	In Each Unit Laundry Closet Washer/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	1014
Unit1 Bedrooms	2
Unit1 Full Baths	1
Unit1 Partial Baths	0
Unit1 Rent	1556
Unit1 Rooms	6
Unit1 Type	Flat
Unit2 Approx Sq Ft	1064
Unit2 Bedrooms	2
Unit2 Full Baths	1
Unit2 Partial Baths	0
Unit2 Rent	1343
Unit2 Rooms	6
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
Window Features	Window Coverings Varies By Unit

1 Bedroom Annual Occupancy	0
2 Bedroom Annual Occupancy	0
3 Bedroom Annual Occupancy	0
4 Bedroom Annual Occupancy	0
Association Features	See Remarks
Association Fee	353
Association Fee Frequency	Annually
Association Fee Includes	Management See Remarks
Association YN	Yes
Electric	220 Volts
Elevation	0
Income Includes	See Remarks
Irrigation	None
Lease Deposit	0
Lease Term	Month To Month
Num Of Commercial Units	0
Property Condition	Varies By Unit
Property Subtype	Duplex
Property Type	Residential Income
Separate Meters	Electricity Gas Water
Sewer	In & Connected
Special Listing Conditions	None
Studio Annual Occupancy	0
Subtype Description	Planned Unit Develop
Tenant Pays	Cable Tv Electricity Sewer Gas Taxes See Remarks Other
Utilities	Cable Available Natural Gas Connected Electric Internet Available
Water Source	Meter On Site Public
Zoning	Res