Address
406 S Sutter Street, Stockton, CA
Price
$ 550,000
Property Attributes
  • MLS#222073930
  • TypeIncome
  • CountySAN JOAQUIN
  • CityStockton
  • Area20801
  • Zip95203
  • StyleMid-Century
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,501 SqFt
Data Source:
MetroList MLS
Property Description

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.

Price History
6/6/2022 Listed $550,000

General Features

Interior Features Formal Entry
Sewer In & Connected,Public Sewer
Heating Wall Furnace,Varies by Unit
Cooling Wall Unit(s),Varies by Unit,Other
Utilities Cable Available,Natural Gas Connected,City,Electric,Internet Available
Roof Composition
Unit 4 Rent 950
Unit 2 Rent 1100
Unit 3 Rent 1050
Unit 1 Rent 710
Garage Spaces 0.0
Architectural Style Mid-Century
Construction Materials Wood,Wood Siding
Year Built 1911
Tenant Pays Electricity,Sewer,Gas,Trash Collection,Water
Stories 2
Topography Level
Levels Two
Property SubType Quadruplex
County San Joaquin
Property Type ResidentialIncome
HOA / Comm Assn No
Close Price 0.0
Status Active
Directions California to Sonora to Sutter
City Stockton
Buyer Agent Compensation 2.5
High School District Stockton Unified
Zoning Description R
Open Parking Spaces 0.0
Total Units 4
MLS Area 20801
Lot Size Square Feet 7501.0
Carport Spaces 0.0
Street Name Sutter
Property Condition Updated/Remodeled
ok to Lease Month To Month
Standard Status Active
Middle/Junior School District Stockton Unified
Elementary School District Stockton Unified
Year Built Source Assessor Auto-Fill
Buyer Agent Compensation Type Percent

Interior Features

Basement Partial
Flooring Laminate,Varies by Unit,See Remarks,Other
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 1
Unit2Bedrooms 2
Unit3Bedrooms 2
Unit4Bedrooms 1
Window Features Dual Pane Full
Street Suffix Street
Laundry Features Varies by Unit
Unit 1 Bedroom Units Total 2
Unit 2 Bedroom Units Total 2

Exterior Features

Parking Features Off Street,Street
Lot Features Corner,Curb(s),Landscape Front
Water Source Public
Total Parking 8.0
Foundation Details Raised
Number of Buildings 1
Lot Size Acres 0.1722
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95203

Price
AVG $640K
$550K
Visits
AVG 550
916
Data Provided by Inside Real Estate®
Year Built
AVG 1909
1911
Walkscore
AVG 90
90
Data Provided by Walkscore® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.