6 bedroom house for sale

Overview

Stockton Cash Cow. Current Rents are $1795 per month plus all utilities are passed through so the average rent with pass-throughs are about $1995 a month per unit. This translates to a scheduled gross income of about $47, 780 with a GRM 11.06. Plus there is still upside potential Rentometer Pro Suggests and the average rent for a 3 bedroom in the area is $2, 148 per month! These units have had a good amount of updating over the years and have the following features: Newer Exterior paint, each unit has 3 bedrooms, 2 bathrooms, and 2 car garages. Each unit has indoor laundry hookups, vaulted ceilings in the living room, and a fireplace. The Kitchens have tile countertops and stainless-steel sinks. The bathrooms have tile floors, tile shower surrounds, and newer vanities. The flooring is a combination of tile and vinyl plank throughout. These units also have dual pane windows and central heat and air. Lastly, each unit has a fenced backyard with cement patio.