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$699,000
Est. payment /mo
4,696 SqFt
UPDATED:
12/23/2024 02:52 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,696 sqft
Price per Sqft $148
MLS Listing ID ML81988566
HOA Y/N No
Year Built 1966
Lot Size 7,466 Sqft
Property Description
WOW! A fantastic opportunity awaits savvy investors with this exceptional fourplex in Stockton! This property seamlessly combines modern updates with incredible investment potential. Currently occupied by reliable tenants (est. combined rental income is $7,885/ month), making it a turnkey addition to your investment portfolio. Every unit features a spacious layout with 3 bedrooms and 1.5 bathrooms, offering comfort and convenience for tenants. Significant investments have been made to upgrade the whole fourplex since purchased. Units 1 and 4 were fully renovated in 2023, showcasing LVP flooring, stylish new kitchens with sleek white cabinets and granite countertops, new stoves, updated bathrooms, and fresh interior paint. Units 2 and 3 have also received updates, including new LVP flooring and water heaters. All units benefit from central heating and air conditioning, some double-pane windows, and in-unit laundry rooms. Situated in a prime location near schools, shops, restaurants, and markets, this property ensures steady tenant demand. With modern amenities, thoughtful upgrades, and excellent cash flow potential, this fourplex is a standout opportunity to enhance your real estate portfolio. Don't miss out!
Location
State CA
County San Joaquin
Area 699 - Not Defined
Zoning R-3
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace No
Exterior
Parking Features Off Site
View Y/N No
Roof Type Shingle
Accessibility None
Total Parking Spaces 4
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 07917024
Special Listing Condition Standard
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Listed by Troy Thinh Khuu • Intero Real Estate Services