$600,000
For Sale

1322 S School Street #A

Lodi, CA 95240
1776 sqft | 4 beds | 3 baths | 0.19 acres | #224132474
Browse 98 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Investment opportunity or a unique multi-family living situation? Look no further than 1322 S School St in Lodi! This property features two well-maintained homes on a single lot, offering a steady rental income stream in a peaceful, quiet neighborhood. The front home boasts 3 bedrooms and 1 bathroom, with a current rent of $2,600 per month. It has received some updates and is clean, making it an attractive option for renters. The second home, a 1-bedroom, 1-bathroom unit, is rented for $1,300 per month and provides a cozy space for its tenants. Both homes have their own meters, ensuring separate utility billing for each. Additionally, there's a garage on the property, adding extra convenience and storage space. With renters already in place, this property is generating immediate cash flow. Fence between properties has been repaired to the north. Don't miss out on this exceptional investment opportunity in a sought-after area! $46,800 Annual income

  • Property Details
      • AppliancesHood Over Range, Dishwasher, Disposal, Microwave, Electric Cook Top, Electric Water Heater, Free Standing Electric Oven
      • Parking FeaturesAttached, Detached, Garage Facing Side
      • Cooling FeaturesCeiling Fan(s), Central, Wall Unit(s)
      • Lot DescriptionShape Regular, Low Maintenance
      • Utility FeaturesPublic, Electric
      • Property Subtype2 Houses on Lot
      • StyleContemporary
      • Sewer InformationPublic Sewer
      • RoofComposition
      • CountySan Joaquin
      • MLS #224132474
      • MLS #224132474
      • Property TypePurchase
      • ZoningMultiple
      • Acres0.1941
      • Parking TypeGarage
      • FoundationRaised
      • Utility SourcePublic
      • Cost600000
      • Square Feet1776
      • Year Built1953
      • Fireplaces1
      • Bedrooms4
      • Bathrooms3
      • Full Baths3

Location

Debra DurbinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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