Excellent price for this triplex with 2 beds each unit. All units are rented and month to month lease; Rents are low due the tenants to be there for a long time $960 / $900 / $750 ; Each unit has its own 1 car garage space and their own washer and dryer inside of each unit. Vacant lot next to the triplex on the left side is part of the property as well; Perfect for extra storage, RV parking or maybe build another units. ( must check with the city ) Seller will not accept offers where buyer ask for the property to be vacant before the closing ( NO exceptions ).
The Flora apartments are a 10-unit complex nestled near Stockton's desirable Downtown Waterfront district. Professionally maintained and improved far above the standards of nearby properties, this asset provides an investor with a stable income stream and very low management responsibility. The asset is 100% occupied at near market rents, providing an investor with north of a 7% return on current net operating income, with room to grow! The property is made up of Ten (10) units; Eight (8) are 1-bedroom, 1-bathroom units, approximately 482 square feet and Two (2) 2-bedroom, 1-bathroom units, approximately 670 square feet. Located midblock between N. Lincoln and N. Van Buren, the Flora Apartments provides residents easy access to major thoroughfares such as I-5, HWY 4 and HWY 99, as well as the Downtown Waterfront Entertainment District, home to Adventist Health Arena (home to many professional sports teams), Banner Island Ballpark (home of the Stockton Ports Baseball Team), and Weber Point (an outdoor events center). Do not disturb tenants.
Waiting on cancelation signatures.
Charming 1900 Craftsman-style fourplex located in the heart of Stockton, just minutes from the vibrant Miracle Mile and University of the Pacific. This unique property features two spacious 2-bed/1-bath units on the top floor with balcony and two well-sized 1-bed/1-bath units on the bottom, all with in-unit laundry. Situated on a 5000 sqft lot, each unit offers ample living space and is currently occupied by long-term tenants, ensuring steady rental income. Enjoy proximity to Stockton's downtown waterfront improvements and the local baseball park, making this a prime investment opportunity for those seeking long-term rental potential!
Nice income property with lots of potential. Walking distance to Victory Park, local neighborhood shopping, public transportation nearby.
406 S. Sutter Street Stockton Ca 95203 is a four-unit building. Market rents are over 4800 a month, current long term tenants with 3810 rents and 650 utility income. Loans for fourplex non owner require 25% down, SELLER IS NOT OFFERING CREATIVE FINANCING. Plan your portfolio with this Semi updated Fourplex with new roof in 2021, new exterior paint, and dual pane windows. This investment offers off street paved parking, fenced corner lot with additional parking. Two 2/1 two 1/1 with rental income of 3810 total and an additional 650 utility occupants payments. This is a high cap rate in this market. Good long term occupants, who pay a stipend towards utilities in addition to rent. Again, Seller is NOT offering financing, or terms. The sale is as is and lowball offers they have instructed NOT to be presented. This offers above market cash flow, and is one of the few cap rates higher then going interest rate.
The median home value in Stockton, CA is $426,500. This is lower than the county median home value of $501,300. The national median home value is $338,100. The average price of homes sold in Stockton, CA is $426,500. Approximately 47.83% of Stockton homes are owned, compared to 45.65% rented, while 6.51% are vacant. Stockton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Stockton real estate agent to arrange a tour today!
Stockton, California 95203 has a population of 317,818. Stockton 95203 is less family-centric than the surrounding county with 31.62% of the households containing married families with children. The county average for households married with children is 36.35%.
The median household income in Stockton, California 95203 is $63,916. The median household income for the surrounding county is $74,962 compared to the national median of $69,021. The median age of people living in Stockton 95203 is 33 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 38 degrees. The average rainfall is approximately 17 inches per year, with 0 inches of snow per year.