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Listed by Jagjit Singh • Simple Brokerage Inc.
$ 549,000
Est. payment /mo
New
1306 N Filbert St Stockton, CA 95205
1,600 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $343
MLS Listing ID EB41119499
Year Built 1949
Lot Size 6,200 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
Investor special in Stockton! Welcome to 1306 N Filbert St - a 4-plex multifamily opportunity priced at $549,000 with strong in-place rents totaling ~$5,400/month ($64,800/year). That's an ~8.5 GRM and ~11.8% gross rent yield (before expenses) - a compelling setup for cash-flow focused buyers and 1031 exchange investors. The property features an approx. 1,600 sq. ft building on an approx. 6,098 sq ft lot, and Public records identify the use as a quadruplex. Whether you're looking to add a high-performing small multifamily to your portfolio or want income now with potential upside through future improvements, this is one you don't want to miss. Do not disturb tenants.
Location
State CA
County San Joaquin
Area Other Area
Interior
Heating Other
Cooling Other
Flooring Other
Laundry Other
Exterior
Exterior Feature Other
Parking Features Other
Garage Spaces 4.0
Roof Type Other
Building
Lot Description Other
Sewer Sewer - Public
Water Public
Others
Special Listing Condition New, Not Applicable

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