Listing Courtesy of: James Burkett - Intrust Properties, Inc. 847-8849
$1,489,990 affordable loan icon Calculate Payment

28 S American Street Stockton, CA 95202

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Other Residence
Beds
Baths
15,000 Sq. Ft.
0.11 Acre Lot

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Last updated on 11/15/2024 8:57 AM
Stellar Income,Cash Cow! Incredible Performimg Asset! 3 Story Complex of approximately +- 15,000 Sq. Ft., plus basement which is not calulated in the Public Record square footage, that may be approximatley +- perhaps an additional 5,000 Sq. Ft. with approximately 10,000.00 +- Sq. Ft. in use, with 29... Residential Units, which according to Seller, are almost 100% occupied, which is Subject To Change, Without Notice. Furthermore, at this time, according to Seller, the Approximate Monthly Targeted Income of the Subject Property is projected to be potentially approximately +- $22,700.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Income of $272,400.00; coupled with a potential bottom floor opportunity for substantially more income, from an additional Bottom-Story Development/Build-out of 5,000 +- approximate Sq. Ft., of Residential/Store Fronts, contingent upon approval from Stockton Municipality Enforcement Entities, that have jurisdiction regarding aforementioned. Close to shopping, transit, dinning, coffee shops,etc., coupled with easy convenient Freeway access. Note: DON'T DELAY! BUILD YOUR FINANCIAL SECURITY! INCREASE YOUR WEALTH! Continue reading
MLS#
224096545
Property Type
Other
Year Built
1925
Square Feet
15,000 sq. ft
Lot Size
0.11
Sewer
Sewer Connected, Public Sewer

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Listing Courtesy of: James Burkett - Intrust Properties, Inc. 847-8849

Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Terms of Use

This content last refreshed on 11/15/2024 8:57 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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