Property Detail

Description

Turnkey, cash-flowing TRIPLEX in Stockton — priced to sell! Welcome to 1727 N Rhode Island Ave, a fully remodeled triplex generating $3,880/month in total rents and offered at just $388,000 — an ~8.33 GRM and ~12% gross rent yield. This property has been refreshed top-to-bottom with new interior & exterior paint, new laminate flooring, new kitchen cabinets, granite countertops, vinyl windows, a new roof, new wall furnaces, updated light fixtures, and new sinks/showers/toilets, plus new doors and outlet/switch plates. There’s also an indoor laundry room, and appliances are installed. Unit mix is noted as A: 2/1, B: 1/1, C: 2/1 — a great setup for steady tenant demand. A strong fit for investors looking for immediate income with a clean, updated asset that’s easy to own. Do not disturb tenants. Showings by appointment only. Buyer to verify unit count, rent roll, expenses, and all property details.