406 S Sutter Street Stockton, CA 95203
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountySan Joaquin
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site40 Days
- MLS StatusActive
- MLS ID Number222073930
- Home Size Source N/A
- Year Built1911
- Lot Size0.1722 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Mid- Century
- Construction Wood Siding
- Parking Off StreetStreet
- Parking Spaces 8
- Sewer Public Sewer
- Basement Partial
- Number of Stories 222
- Acreage 0.1722
- Water Public
- Zoning R
- Cross Street Sonora
- Property Sub Type Quadruplex
- Garage Spaces 0
- Utilities Cable AvailableNatural Gas Connected
- Foundation Raised
- Property Condition Updated/ Remodeled
Interior Features
- Cooling Wall Unit(s)Varies by UnitOther
- Heating Wall FurnaceVaries by Unit
- Flooring LaminateVaries by UnitSee RemarksOther
- Interior Formal Entry
- Laundry Features Varies by Unit
- Window Features Dual Pane Full
Exterior Features
- Roof Composition
- Lot CornerCurb(s)Landscape Front
Community Features
- Association Dues 0
- MLS Area 20801