Property Detail

345 Pilgrim

Stockton CA 95205

$669,000

Status: Active

Property Details

Description

Great Investment Opportunity! Rare opportunity to own a four-unit income property consisting of one duplex and two detached units on the same lot. Three units feature 2 bedrooms, 1 bathroom and one unit offers 3 bedrooms, 1 bathroom, all offer a living room, and a kitchen, offering comfortable and functional living spaces for tenants. Two units are currently vacant, presenting an excellent opportunity for an owner-occupant or investor to place new tenants at market rents. One of the vacant units has been fully remodeled, while the other is currently undergoing fresh interior paint and minor touch-ups, making it move-in ready soon. The remaining two units are tenant-occupied, providing immediate rental income. This property offers strong investment potential with significant upside, allowing a new owner to increase rents and maximize cash flow over time. The combination of multiple units, detached structures, and partially updated interiors makes this a versatile opportunity for both seasoned investors and those looking to start or expand their real estate portfolio. Whether you are seeking steady rental income, long-term appreciation, or value-add potential, this multi-unit property checks all the boxes!

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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