1322 S School ST #A new Save Request In-Person Tour Request Virtual Tour
Lodi,CA 95240
Key Details
Property Type Multi-Family
Sub Type 2 Houses on Lot
Listing Status Active
Purchase Type For Sale
Square Footage 1,776 sqft
Price per Sqft $337
MLS Listing ID 224132474
Bedrooms 4
Full Baths 3
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1953
Lot Size 8,455 Sqft
Acres 0.1941
Property 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
Location
State CA
County San Joaquin
Area 20901
Direction Tamarack Dr
Rooms
Master Bedroom 0x0
Bedroom 2 0x0
Bedroom 3 0x0
Bedroom 4 0x0
Living Room 0x0 Other
Dining Room 0x0 Dining/Family Combo
Kitchen 0x0 Other Counter,Granite Counter
Family Room 0x0
Interior
Heating Central
Cooling Ceiling Fan(s),Central,Wall Unit(s)
Flooring Carpet,Laminate
Fireplaces Number 1
Fireplaces Type Brick,Family Room,Gas Piped
Window Features Dual Pane Partial,Window Coverings
Appliance Hood Over Range,Dishwasher,Disposal,Microwave,Electric Cook Top,Electric Water Heater,Free Standing Electric Oven
Laundry Cabinets,Electric,Inside Area
Exterior
Parking Features Attached,Detached,Garage Facing Side
Garage Spaces 2.0
Utilities Available Public,Electric
Roof Type Composition
Topography Level
Street Surface Paved
Porch Front Porch
Private Pool No
Building
Lot Description Shape Regular,Low Maintenance
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Schools
Elementary Schools Lodi Unified
Middle Schools Lodi Unified
High Schools Lodi Unified
School District San Joaquin
Others
Senior Community No
Tax ID 045-300-01
Special Listing Condition None