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    5634 Cascade Court

    Stockton, CA 95207
    • $575,000
    • STATUS: Active
    • ON SITE: 47 days
    • MLS #: 221097903
    UPDATED: 60 min ago
    $575,000
    • 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 3 bedrooms, 2 full baths, 2-car garages, and feature spacious Living Rooms w/ cozy fireplaces, Master Suites, & 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 $35,760. GRM is 16.1 & Cap Rate is 6.2. Similar units in the neighborhood recently rented for $1,995 per month! Potential annual rents of $47,880 with a GRM of 12.0 and 8.3% Cap Rate! 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 2021-09-27T11:39:05.997. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.themacdonaldgroup.com/homes/120266468
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    5634 Cascade Court Stockton, CA 95207

    • Price: $575,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: 221097903
    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 3 bedrooms, 2 full baths, 2-car garages, and feature spacious Living Rooms w/ cozy fireplaces, Master Suites, & 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 $35,760. GRM is 16.1 & Cap Rate is 6.2. Similar units in the neighborhood recently rented for $1,995 per month! Potential annual rents of $47,880 with a GRM of 12.0 and 8.3% Cap Rate! 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 0 Num Of3 Bedroom Units 2 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 1221 Unit1 Bedrooms 3 Unit1 Full Baths 2 Unit1 Partial Baths 0 Unit1 Rent 1570 Unit1 Rooms 6 Unit1 Type Flat Unit2 Approx Sq Ft 1221 Unit2 Bedrooms 3 Unit2 Full Baths 2 Unit2 Partial Baths 0 Unit2 Rent 1410 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 2021-09-27T11:39:05.997. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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    The MacDonald Group at PMZ Real Estate
    1200 E. Orangeburg Ave Suite #202
    Modesto CA, 95350