6215 Morgan Pl - Multi-Family FOR SALE


Stockton, CA 95219- Lincoln Village West
$549,999 USD
916-730-3846

NO PHOTO

$549,999 USD
Multi-Family - FOR SALE
null | 6% Cap Rate

6215 Morgan Pl
Stockton, CA 95219
Lincoln Village West


HIGHLIGHTS

  • Lincoln Village West! Best Stockton location BAR NONE!!
  • Very well maintained
  • Contemporary duplex building

OVERVIEW

Presenting a turnkey, cash-flowing duplex investment property in the desirable Lincoln Village West neighborhood of Stockton. This well-located The property features two 2-bedroom, 1-bath units, each offering its own garage and private backyard space, perfect for long-term tenants seeking comfort and convenience. Both units have functional layouts with in-unit laundry hookups and open living areas. The property is fully occupied, making it ideal for investors looking to expand their portfolio. Built in 1973 on a generous lot, the duplex is situated in a neighborhood known for its proximity to schools, shopping, and major commute routes. Fully occupied. Please do not disturb tenants. Proforma Gross Rent Multiplier ( GRM) of 12.4 and 6.0% Cap Rate, given the physical integrity, location, and income, this is a very solid duplex investment in the city of Stockton, truly as good as it gets! CLICK / UPLOAD COPY AND PASTE THIS LINK FOR LIMITED PICTURES - https://mrem.metrolist.net/Gallery.aspx?mls=SACM&listingRid=561056200&incomplete=false&forceAuth=1 COPY AND PASTE THIS LINK INTO THE BROWSER AS WELL. IT IS THE ENTIRE DISCLOSURE PACKAGE FROM THE SELLER https://app.disclosures.io/app/users/1599127a-c323-47d8-970a-fdf6d5ca0840/packages/1b2fca5f-478c-46b1-ae61-5817615bdef0/documents Listing courtesy of Scott Nguyen , DRE Lic # 01824904 Moso Real Estate.

FOR SALE DETAILS

PRICE

$549,999 USD

PRICE/SF

$272 USD /SF

# OF UNITS

2

PRICE/UNIT

$275,000

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6215 Morgan Place North Stockton Ca Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R-M

APN/PARCEL ID

100-290-01

ASK ABOUT THIS PROPERTY

Ron BenningRon BenningMore Info
916-730-3846

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Ron BenningRon BenningMore Info
916-730-3846

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.