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$ 549,000
Est. payment | /mo
$ 549,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41119499
HOA Y/N No
Year Built 1949
Property Sub-Type Quadruplex
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
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Parking Features Other
Total Parking Spaces 4
Building
Sewer Public Sewer
Others
Tax ID 143070070000
Listed by Jagjit Singh Simple Brokerage Inc.
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Peggy Knauft
Partner | Lic# 01998271