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    5617 Cascade Court

    Stockton, CA 95207
    • $504,000
    • STATUS: Closed
    • ON SITE: 203 days
    • MLS #: 20069067
    Sold - 06/08/2021
    $504,000
    SOLD - 06/08/2021
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Stockton NW
    Type:
    Multi-Family
    Built:
    1979
    County:
    San Joaquin
    Area:
    Stockton NW

    School Information

    Elementary School:
    Stockton Unified
    Middle School:
    Stockton Unified
    High School:
    Stockton Unified
    School District:
    San Joaquin
    School Ratings & Info

    Description

    Excellent turn-key investment. A great opportunity to own a recently updated duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, 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, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $35,580. GRM is 13.91! 5619 Cascade Court was recently updated and just rented for $1,795 per month! Potential annual rents of $43,080 with a GRM of 11.49 and Cap Rate of 8.7%! A fantastic investment opportunity. A portfolio of up to 19 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 2021-06-24T23:39:32.787. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.tlcrealtors.com/homes/112359768
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    5617 Cascade Court Stockton, CA 95207

    • Price: $504,000
    • Status: Closed
    • Updated: 168 min ago
    • MLS #: 20069067
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1979
    Built
    Neighborhood:
    Stockton NW
    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 recently updated duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, 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, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $35,580. GRM is 13.91! 5619 Cascade Court was recently updated and just rented for $1,795 per month! Potential annual rents of $43,080 with a GRM of 11.49 and Cap Rate of 8.7%! A fantastic investment opportunity. A portfolio of up to 19 duplex are available in beautiful centrally located Quail Lakes.
    Exterior Features

    Architectural Style Contemporary Carport Spaces 0 Construction Materials FrameWood Covered Spaces 4 Foundation Slab Independent Parking Spaces 0 Lot Features Other Num Of Floors 0 Num Of Guest Spaces 0 Open Parking Spaces 4 Parking Features Garage Patio And Porch Features Uncovered PatioCovered Patio Roof Tile Tandem Parking Spaces 0 Total Parking Spaces 8

    Interior Features

    Appliances Gas Water HeaterDishwasherDisposalFree Standing Electric Range Cooling Central Flooring CarpetLaminate Heating Central Laundry Features Other 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 1064 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1 Rent 1795 Unit1 Rooms 0 Unit2 Approx Sq Ft 1064 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Partial Baths 0 Unit2 Rent 1170 Unit2 Rooms 0 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

    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 Other Association YN Yes Electric 220 Volts Elevation 0 Income Includes Rent OnlySee Remarks Irrigation None Lease Deposit 0 Num Of Commercial Units 0 Operating Expense Includes See Remarks Property Subtype Duplex Property Type Residential Income Sewer Public Sewer Special Listing Conditions None Studio Annual Occupancy 0 Subtype Description Mixed Use Tenant Pays ElectricitySewerTrash CollectionWater Utilities Other Water Source Meter On SitePrivate 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 2021-06-24T23:39:32.787. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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