2252 East Marsh Street
2252 East Marsh Street
$455,000
4
2
—
—
—
Closed 8/2/22
Description
2 houses on 1 double sized lot. Each house is 2 bedrooms and 1 bath and a one car garage. Excellent investment as-is or split into 2 lots with 2 single-family-homes. Property is splitable with a variance from the city and would provide an even greater return on investment as 2 single-family-homes. Both houses are fenced and 2252 E. Marsh has been remodeled with fresh paint, carpet & flooring, and a completely remodeled bath. Currently total annual rents are $33,624 with a GRM of 14.72 and 6.8% Cap...2 houses on 1 double sized lot. Each house is 2 bedrooms and 1 bath and a one car garage. Excellent investment as-is or split into 2 lots with 2 single-family-homes. Property is splitable with a variance from the city and would provide an even greater return on investment as 2 single-family-homes. Both houses are fenced and 2252 E. Marsh has been remodeled with fresh paint, carpet & flooring, and a completely remodeled bath. Currently total annual rents are $33,624 with a GRM of 14.72 and 6.8% Cap Rate. Rents are below market with potential rents of $1,595 to $1,695 per month. Potential annual income of $40,680 with a GRM of 12.2 and 8.2% Cap Rate! A fantastic investment opportunity. 2260 E. Marsh is occupied. Please do not disturb the tenants.
- Listed by Greg Batchelder • DRE #01321061 • Lyon RE Folsom
Property Details for 2252 East Marsh Street
Parking Features
Attached, Open, Garage
Architectural StyleBungalow
ZoningRES
Location
LISTING UPDATED: 08/04/2022 09:58 AM
Property Details for 2252 East Marsh Street
Status | Closed |
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MLS # | 222071717 |
Days on Compass | 58 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1955 |
Lot Size | 0.23 AC / 10,001 SF |
County | San Joaquin County |
Location
Building Information for 2252 East Marsh Street
Stories1Residences2Year Built1955Building Size-Lot Size0.23 AC / 10,001 SF
Payment Calculator
$2,483 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2252 East Marsh Street
Property History for 2252 East Marsh Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2252 East Marsh Street
This home is within Stockton Unified School District.
Rating | School | Type | Grades | Distance |
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Public - | K to 8 | |||
Public - | K to 8 | |||
Public - | K to 8 | |||
Public - | K to 8 |
Rating | School | Distance |
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John C. Fremont Elementary School PublicK to 8 | ||
Roosevelt Elementary School PublicK to 8 | ||
Fillmore Elementary School PublicK to 8 | ||
King Elementary School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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