$2,475,000
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623 N Edison Street Unit 623 Stockton, CA 95203
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.17
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Great Opportunity! To own an investment property, close to downtown Stockton with a Cap rate of over 6.8% with opportunity to increase rents. This 22-unit apartment building consists of 3 two bedrooms, 11 one bedrooms, and 8 studios. Property has been completely renovated and most units have tile f...looring, dual pane windows, Granite Countertops/New kitchen. Recent improvements include 12 remodeled units 2022/2023 Multiple units with new appliances, All units wall heater maintenance, weatherproofing performed 2022/2023 Multiple units drain lines upgraded to ABS. 2023 Exterior painting of all buildings, metal fence, & railing, 623 N Edison electric panel completely rewired to bring up to code, Newer 270K BTU Commercial water heater & new 100ft 1 1/4 gas pipe to water heater from meter, roof waterproofing, gutters and inspection report available for 627 N Edison. Section of new gutters and downspout installed at 623 N Edison. 2021 new CPVC hot water pipe to 627 N Edison, New wooden staircase 627 N Edison. 2020 new 110 linear feet ABS sewer lines to city main sewer connection. A MUST SEE! See Memorandum attached.
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MLS#
224084477
Property Type
Multi-Family
Year Built
1967
Lot Size
0.17
Sewer
Public Sewer
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