Address
2252-2260 E Marsh St Stockton, CA
Price
$ 495,000
Property Attributes
  • MLS#221144950
  • TypeIncome
  • CountySAN JOAQUIN
  • CityStockton
  • Area20801
  • Zip95205
  • StyleBungalow
  • Price$ 495,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size10,001 SqFt
Listing Provided Courtesy Of:
Greg Batchelder CalBRE# - 01321061 with Lyon RE Folsom
Data Source:
MetroList - 47 -CA
Property Description

2 houses on 1 double sized lot. Each house is 2 bedrooms and 1 bath and a one car garage. Excellent investment as-is or split into 2 lots with 2 single-family-homes. Property is splitable with a variance from the city and would provide an even greater return on investment as 2 single-family-homes. Both houses are fenced and 2252 E. Marsh has been remodeled with fresh paint, carpet & flooring, and a completely remodeled bath. Currently total annual rents are $33,624 with a GRM of 14.72 and 6.8% Cap Rate. Rents are below market with potential rents of $1,595 to $1,695 per month. Potential annual income of $40,680 with a GRM of 12.2 and 8.2% Cap Rate! A fantastic investment opportunity. 2260 E. Marsh is occupied. PLEASE DO NOT DISTURB THE TENANTS.

Price History
11/17/2021 Listed $495,000

General Features

Appliances Free Standing Gas Range
Architectural Style Bungalow
Association Y/N No
Basement None
Construction Materials Stucco, Frame
Cooling Window Unit(s)
Electric 220 Volts
Elementary School District Stockton Unified
Exterior Features Yard Space
Flooring Carpet, Laminate
Garage Spaces 2
Heating Wall Furnace, Natural Gas
High School District Stockton Unified
Levels One
Lot Size Square Feet 10001
MLS Area 20801
Ok to Lease Month To Month
Open Parking Spaces 2
Patio/Porch Features Covered Patio
Property SubType Duplex
Property Type Residential Income
PropertyCondition Updated/Remodeled
Roof Composition
School District (county) San Joaquin
Sewer In & Connected
Status Active
Subtype Description House(s)
Total Units 2
Zoning Description RES

Interior Features

Furnished Units None
Laundry Features In Each Unit, Washer/Dryer Hookups
Total Stories 1
Unit 1 # Of Rooms 5
Unit 1 Approx Sqft 672
Unit 1 Bedrooms 2
Unit 1 Full Baths 1
Unit 1 Rent 1207
Unit 1 Sqft Source Tax Record
Unit 1 Type Flat
Unit 2 # Of Rooms 5
Unit 2 Approx Sqft 672
Unit 2 Bedroom Units Total 2
Unit 2 Bedrooms 2
Unit 2 Full Baths 1
Unit 2 Sqft Source Tax Record
Unit 2 Type Flat
Window Features Dual Pane Full, Window Coverings

Exterior Features

Foundation Details Slab
Lot Features Curbs/Gutters, Sidewalk
Lot Size Acres 0.2296
Lot Size Source Assessor Auto-Fill
Number of Buildings 2
Other Equipment Varies by Unit
Parking Features Attached, Open, Garage
Total Parking 4
Water Source Water District, Meter on Site

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95205

Price
AVG $700K
$500K
Visits
AVG 37
8
Year Built
AVG 1947
1955

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