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.
MLS #
ME222071717
MLS Source
MetroList Services, Inc.
Appliances
Oven Range - Gas
Flooring
Carpet, Laminate
Cooling
Window/Wall Unit
Heating
Gas - Natural, Wall Furnace
Roof
Composition
Foundation
Slab, Concrete Perimeter and Slab
Style
Bungalow
Garage/Parking
Attached Garage, Garage, Garage: 2 Car(s)
Elementary District
Stockton Unified
High School District
Stockton Unified
HOA Fee
$0
Zoning
RES
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 0 | – |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 672 | 2 | 1/0 | $1,207 |
2 | 672 | 2 | 1/0 | – |
2252 E Marsh St is a Duplex in Stockton, CA 95205. This 1,344 square foot property sits on a 10,001 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $455,000 and was built in 1955.
This address can also be written as 2252 E Marsh St, Stockton, CA 95205.©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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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