Overview
About This Listing
Exceptional opportunity in North Stockton’s desirable Morada area! Located in the newer Cannery Park community, this two-year-old home combines contemporary design, energy efficiency and an unusually large 7,257 sq. ft. lot. The spacious modern kitchen features beautiful Macaubo Gray quartz countertops, rich neutral flooring, an expansive great room seamlessly leading to the kitchen, Open floor plan w/9ft cielings making it very light-filled, upstairs dedicated laundry,versatile loft, generous workspace, and today’s sought-after finishes. A highly desirable downstairs bedroom and FULL bathroom provide excellent flexibility for guests, extended family or a home office. The expansive lot offers tremendous outdoor possibilities and potential for future ADU development, subject to City approval and applicable requirements. Even betterOWNED SOLAR transfers with the property, giving the new owner the benefits of solar without assuming a solar lease. Located within the highly regarded Lodi Unified School District and convenient to shopping, Morada Ranch Shopping Center is walking distance away, services, and major commuter routes right off Highway 99, A unique opportunity for BOTH investors and future owner-occupants! The property is currently tenant-occupied and leased through May 31, 2027 at $3,250 per month$39,000 in scheduled annual rental income. Investors acquire a newer North Stockton home with income already in place, MAY BE PERFECT FIT FOR 1031 EXCHANGE INVESTOR WHO IS TIRED OF MULTIFAMILY TENANCY OWNERSHIP! While future owner-occupants can purchase now, collect rental income during the remaining lease term and plan for future occupancy following lease expiration, subject to the existing lease and tenant rights. Newer construction, owned solar, a large 7,257 sq. ft. lot, downstairs bedroom and full bath, quartz kitchen and existing rental incomeall in Cannery Park in the desirable Morada area. A combination that’s difficult to duplicate! Tenant rights apply. PLEASE DO NOT DISTURB OCCUPANTS.
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