7941 Diana Marie Dr - Duplex with Immediate Cash Flow Potential 2 Unit Apartment Building Offered at $639,663 CAD at a 5.98% Cap Rate Stockton, CA 95210

Price reduced—presenting a renewed opportunity to enhance your ROI with this well-maintained duplex. This attractive investment property features two spacious 2-bedroom, 2-bathroom units, each with a 2-car garage plus two additional off-street parking spaces per unit. The roof is less than 10 years old, helping minimize near-term capital expenditures.
Both units are currently tenant-occupied on month-to-month leases, renting at $1,500 and $1,600 per month, generating $37,200 in annual gross income and a current GRM of 12.5.
There is clear value-add potential. Market research supports a fair market rent of approximately $1,652 per month. With allowable increases, projected rents of $1,615 and $1,652 could reasonably be achieved within 60 days of close, increasing annual income to $39,204 and improving the GRM to approximately 11.86.
Conveniently located near shopping, dining, and local businesses, this property offers strong long-term tenant demand. Ideal for investors seeking stable cash flow with upside, owner-occupants looking to offset housing costs, or buyers focused on long-term equity growth.
Listing Courtesy of Vanessa L. Peralta Alliance Bay Realty Lic# 01877440