Property Details
About this Property
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.
MLS Listing Information
MLS #
ME222047531
MLS Source
MetroList Services, Inc.
Interior Features
Appliances
Dishwasher, Garbage Disposal, Oven Range - Electric
Flooring
Carpet, Laminate, Varies by Unit
Cooling
Central Forced Air, Separate
Heating
Central Forced Air, Gas - Natural, Separate
Exterior Features
Roof
Tile
Foundation
Slab, Concrete Perimeter and Slab
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Garage, Gate/Door Opener, Garage: 4 Car(s)
Elementary District
Stockton Unified
High School District
Stockton Unified
Water
Public
HOA Fee
$353
HOA Fee Frequency
Annually
Complex Amenities
Other
Zoning
RES
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 2 | – |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,014 | 2 | 1/0 | $1,556 |
| 2 | 1,064 | 2 | 1/0 | $1,343 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
5625 Passero Way is a Duplex in Stockton, CA 95207. This 2,127 square foot property sits on a 7,562 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $605,000 and was built in 1978. This address can also be written as 5625 Passero Way, Stockton, CA 95207.
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This listing information is up-to-date as of August 22, 2022. For the most current information, please contact Greg Batchelder, (916) 205-6943
