Listed by eXp Realty of California
$454,900
2150 Michael Avenue
Details
APN 177240540000
Property Type Multifamily
Sub Type Apartment Building
Units 2
Cap Rate 7.75%
Buildings 1
Stories 2
Acreage 0.216
Multifamily | 7.75% CAP | 2 Units
Marketing description
Investor Opportunity 2150 Michael Ave, Stockton, CA Discover a duplex offering strong cash flow and long-term upside in one of Stocktons established residential neighborhoods. With two separate units under one roof, this property is ideal for investors seeking a turnkey asset with immediate income. Each unit features its own private entrance, kitchen, living space, making the property well-suited for flexible rental strategies or multi-generational housing. Outside, youll find a private yard for each unit and plenty of parking. Each unit has its own gas, water, and electric meter. The bottom unit features 3 bedrooms, 1 bathroom, dining room, laminate flooring and private back yard and garage. The top unit has 2 bedrooms, 1 bathroom, AC, and a large back yard. The low operating expenses and stable tenant base enhance its appeal as a hassle-free addition to any portfolio. Situated near schools, shopping, and major transportation routes, this duplex benefits from consistent rental demand and local market growth. Whether you're a first-time investor or a seasoned buyer looking to expand, 2150 Michael Ave offers the right combination of stability, efficiency, and potential.
Listing Contacts
Listed by eXp Realty of California
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