$725,000
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145 W Flora Street Unit 145 Stockton, CA 95202
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.17
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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9% Cap Rate! Cash cow, High Income-Producing property! $90,000 annual Income. Very low maintenance & expenses. Energy efficient HVAC, appliances, windows & ceiling fans. This beautiful Victorian 6Plex has one 2bed/1bath unit, four 1bed/1bath units & one studio. Five of six units are rented. The 6...th unit will be rented within two weeks to make the building fully occupied.***** COMPLETELY RENOVATED in 2024: High-quality appliances (Samsung stove/oven, ductless split system HVAC w/Bluetooth, dual pane windows, Trex decking, interior and exterior paint, wood-pattern vinyl plank flooring,large format tile, kitchen counters, vinyl siding, updated roof, Kraus kitchen sinks w/ retractable faucet nozzle, ceiling fan/lights with Bluetooth, motion sensor exterior lights, outdoor space for tenants to enjoy pictures, cabinets, sinks, toilets & bidet. New electric & plumbing. New individual gas and electric meters installed and all city inspections passed. Ample parking on the big corner lot. $$$$$$ No need to use your income or credit to qualify for a loan. A Debt Service Coverage Ratio (DSCR) Mortgage where income generated by the property is used to qualify for the loan - NOT the income & credit report of the investor - is an option. Close to parks, shopping, freeway & Miracle Mile.
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MLS#
224083230
Property Type
Multi-Family
Year Built
1916
Lot Size
0.17
Stories
2.0
Sewer
Public Sewer
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