Ron A-reo, Agent
This listing was posted on RealtyWW.
$569,900
Fox Creek Dr, Stockton, Home For Sale
Price:
$569,900
BR/BA:
3 BR, 2 BA
Location:
9304 Fox Creek Dr, Stockton, CA
Description:
Hard to find Duplex with 2 3 Bedroom, 2 bath units located in Wagner Heights (North Stockton). Both units were updated about 7 years ago. This property is located in the Lodi Unified School District. The current owners more recently replaced the air conditioners, water heaters and gutters. The property has a stucco exterior, tile roof and dual pane windows. Current rents are $2000 a month and $1980 a month with the tenants also paying all utilities. This is equivalent to another $200- $250 a Month. Gross scheduled income is $47, 760 with a GRM of 11.93 or about $50, 760 and a GRM of 11.22 after factoring in the additional utilities. Proforma Cap rate of 6.03% based on current expenses and projected taxes. You can count on stable rents because both tenants are on the Housing Voucher program with the majority of the rent GUARANTEED and direct deposited into your account each month. Offer with confidence knowing the seller is providing a pest inspection and whole house inspection that ARE ATTACHED. One is the property inspection the other shows as 3A report but IT IS ACTUALLY THE PEST AND DRY ROT REPORT.For more details: https://realtyww.info/homes_stockton-d525002/for-sale_i75968728
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More About this Listing: Fox Creek Dr, Stockton, Home For Sale
Fox Creek Dr, Stockton, Home For Sale is a Three Bedroom Two Bath Single-Family Homes for Sale at 9304 Fox Creek Dr in Stockton CA. Find other listings like Fox Creek Dr, Stockton, Home For Sale and listings near 9304 Fox Creek Dr by searching Oodle Classifieds for Three Bedroom Two Bath Single-Family Homes for Sale in Stockton CA.
Fox Creek Dr, Stockton, Home For Sale is a Three Bedroom Two Bath Single-Family Homes for Sale at 9304 Fox Creek Dr in Stockton CA. Find other listings like Fox Creek Dr, Stockton, Home For Sale and listings near 9304 Fox Creek Dr by searching Oodle Classifieds for Three Bedroom Two Bath Single-Family Homes for Sale in Stockton CA.