Terrific Triplex with Cash Flow! 1217 E Harding Way 3 Unit Apartment Building $986,644 CAD ($328,881 CAD/Unit) 6.52% Cap Rate Stockton, CA 95205

Outstanding high–cash-flow investment opportunity on a large lot. This well-located income property offers three separate rental units with strong in-place income and immediate upside for investors seeking positive day-one cash flow.
The property includes a detached single-family residence at 1506 Berkeley Ave (Unit A) featuring 3 bedrooms, 2 bathrooms, and approximately 1,000 sq ft. Additionally, the two-story building at 1217 E. Harding Ave consists of a lower unit (Unit B) with 2 bedrooms, 2 bathrooms, and approximately 780 sq ft, plus a separately rented upper-level studio, creating multiple income streams on one parcel.
Recent improvements include a new roof, reducing near-term capital expenses. The property is occupied by reliable, long-term tenants who pay on time, supporting consistent cash flow.
Additional amenities include a private yard and a 1-car garage, further enhancing tenant appeal and retention.
Centrally located near shopping, public transportation, and major commuter routes, this property is well-positioned for sustained rental demand.
Current scheduled gross income is $63,600 annually, resulting in a GRM of approximately 11.14. With strong in-place rents, multiple units, and favorable metrics, this property is well-suited to deliver positive cash flow from day one under most financing scenarios.
Listing Courtesy of Rajesh Jindal Compass Lic #02073243