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.
MLS #
ME222073930
MLS Source
MetroList Services, Inc.
Days on Site
684
Buyer's Brokerage Compensation*
2.5%
Flooring
Laminate, Other, Varies by Unit
Cooling
Other, Varies by Unit, Window/Wall Unit
Heating
Varies by Unit, Wall Furnace
Roof
Composition
Foundation
Raised
Style
Other
Garage/Parking
Off-Street Parking, Street, Garage: 0 Car(s)
Elementary District
Stockton Unified
High School District
Stockton Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
R
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 4 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 0 | 1 | 1/0 | $710 |
2 | 0 | 2 | 1/0 | $1,100 |
3 | 0 | 2 | 1/0 | $1,050 |
4 | 0 | 1 | 1/0 | $950 |
406 S Sutter St is a Residential Income in Stockton, CA 95203. This 3,139 square foot property sits on a 7,501 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $550,000 and was built in 1911.
This address can also be written as 406 S Sutter St, Stockton, CA 95203.©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of November 17, 2023. For the most current information, please contact Brandy Eckroth, (209) 406-7406