Description
Great opportunity! to own an investment property, close to downtown stockton with a cap rate of over 6.8% with opportunity to increase rents. this 22-unit apartment building consists of 3 two bedrooms, 11 one bedrooms, and 8 studios. property has been completely renovated and most units have tile flooring, dual pane windows, granite countertops/new kitchen. recent improvements include 12 remodeled units 2022/2023 multiple units with new appliances, all units wall heater maintenance, weatherproofing performed 2022/2023 multiple units drain lines upgraded to abs. 2023 exterior painting of all buildings, metal fence, & railing, 623 n edison electric panel completely rewired to bring up to code, newer 270k btu commercial water heater & new 100ft 1 1/4 gas pipe to water heater from meter, roof waterproofing, gutters and inspection report available for 627 n edison. section of new gutters and downspout installed at 623 n edison. 2021 new cpvc hot water pipe to 627 n edison, new wooden staircase 627 n edison. 2020 new 110 linear feet abs sewer lines to city main sewer connection. a must see! see memorandum attached.
Property Type
ResidentialIncomeCounty
San JoaquinStyle
ResidentialIncomeAD ID
46568901
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BuyOwner last updated this listing 12/27/2024 @ 14:32
- MLS: 224084477
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MLS Metrolist
is a Home, with bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.