Presenting an outstanding investment opportunity at 721 N. Commerce St., Stockton, CA. This 10-unit apartment complex consists of (8) one-bedroom, one-bathroom units and (2) two-bedroom, one-bathroom units. The property features dual-pane windows, providing enhanced energy efficiency and noise reduction, as well as a durable concrete driveway, ensuring long-term, low-maintenance use. Additional amenities include both covered and uncovered parking, a common area laundry room, and a remote-controlled security gate for added safety. With current rents below market value, there is significant potential for value-add improvements. Stockton's growing demand for quality rental housing indicates a consistent flow of prospective tenants, making this investment an excellent choice for generating steady rental income with low vacancy rates.The apartment complex at 721 N. Commerce St., Stockton, CA, offers an exceptional investment opportunity in a prime downtown location. Situated within the Stockton Unified School District, the property appeals to families prioritizing access to quality education. The surrounding area is a vibrant hub of retail, dining, and entertainment, featuring popular destinations like Stockton Arena, Regal Cinemas, and the San Joaquin County Library.
MLS #
ME224103950
MLS Source
MetroList Services, Inc.
Days on Site
21
Flooring
Other
Laundry
Coin Operated
Cooling
Other
Heating
Other
Foundation
Other
Garage/Parking
Covered Parking, Off-Street Parking, Other, Street, Garage: 0 Car(s)
Elementary District
Stockton Unified
High School District
Stockton Unified
Sewer
Other
Water
Other
HOA Fee
$0
Complex Amenities
Community Security Gate
Zoning
High Density Residential
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 8 | – |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 500 | 1 | 1/0 | $973 | – | – |
721 N Commerce St is a Residential Income in Stockton, CA 95202. This 5,589 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,199,000 and was built in –.
This address can also be written as 721 N Commerce St, Stockton, CA 95202.©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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This listing information is up-to-date as of September 16, 2024. For the most current information, please contact Colton Toste, (209) 461-6400