Listed by Jagjit Singh, (408) 832-8200 from Simple Brokerage Inc.
(If provided) CoList: from
Sold listing courtesy of Jairo Gonzalez from 01CARE01
Cash-flow duplex in Stockton - priced to move! Welcome to 1316 N Filbert St, a solid income-producing duplex offering $2,700/month in total rents and listed at just $270,000. That's $32,400/year gross income-an ~8.33 GRM and ~12% gross rent yield (before expenses). This property features two 1-bedroom units, each with its own small private yard, plus dual-pane windows, a new gas range, and a remodeled bathroom. There's also plenty of open space for parking, making it attractive for tenants. A great fit for investors looking for steady in-place income with future upside through continued improvements and rent optimization. Do not disturb tenants. Showings by appointment only.
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