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    708 N Sutter Street

    Stockton, CA 95202
    • $2,250,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: 20045770
    UPDATED: 224 min ago
    $2,250,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This property has been well maintained and it shows. The building is 100% occupied with all tenants paying since April, except for one. Rents are below market and RUBS could be instituted in order to increase the income. Updated interiors in most units. Excellent cash flow day one for next owner! 6.0% CAP on in place rents - priced to sell!

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    © 2020 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2020-10-26T23:38:09.297. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.lucasgphomes.com/homes/108596764
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    708 N Sutter Street Stockton, CA 95202

    • Price: $2,250,000
    • Status: Active
    • Updated: 224 min ago
    • ID#: 20045770
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    1965
    Built
    Neighborhood:
    Stockton Central
    County:
    San Joaquin
    Area:
    Stockton Central
    Elementary School:
    Stockton Unified
    Middle School:
    Stockton Unified
    High School:
    Stockton Unified
    School District:
    San Joaquin
    Property Description
    This property has been well maintained and it shows. The building is 100% occupied with all tenants paying since April, except for one. Rents are below market and RUBS could be instituted in order to increase the income. Updated interiors in most units. Excellent cash flow day one for next owner! 6.0% CAP on in place rents - priced to sell!
    Exterior Features

    Approx Elevation 0 Construction Wood Covered Parking Spaces 0 Exterior Stucco Parking OpenStreet Roof Flat/Low Pitch Stories 2 Uncovered Parking Spaces 0

    Interior Features

    Air Refrig Wall Units Equipment Gas Water Heater Floor Coverings CarpetLaminateLinoleum/VinylTile Furnished None Heat Furnace WallNatural Gas Kitchen Appliances Range Elec F/SRefrigerator F/S Unit1 Bedrooms 0 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Sq Ft 525 Unit2 Bedrooms 1 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 576 Unit3 Bedrooms 1 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 576 Unit4 Bedrooms 2 Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Sq Ft 825

    Property Features

    1 Bedroom Units 18 2 Bedroom Units 6 3 Bedroom Units 0 Amenities Manager's OfficeSeparate Lndry FcltyWasher/Dryer Leased CCRs No Cross Street Address Park Street Energy Features Ceiling Fan(S)Dual Pane FullSolar Water Heater HOA No Hoa Dues 0 Individual Units 26 Multifamily Type 5 Or More Units Special Listing Condition None Studio Units 2 Tenant Pays CableElectricGas/PropaneRent Only Total Leasable 26 Unit1 Rent 689 Unit2 Rent 832 Unit3 Rent 832 Unit4 Rent 942 Year Remodeled 0 Zoning Co

    Listing provided courtesy of Cushman & Wakefield. Listing information © 2020 MetroList Services, Inc.


    © 2020 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2020-10-26T23:38:09.297. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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