About 406 S Sutter Street
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.
Features of 406 S Sutter Street
| MLS® # | 222073930 |
|---|---|
| Price | $550,000 |
| Acres | 0.17 |
| Year Built | 1911 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Mid-Century |
| Status | Active |
Community Information
| Address | 406 S Sutter Street |
|---|---|
| Area | Stockton South |
| City | Stockton |
| County | San Joaquin |
| State | CA |
| Zip Code | 95203-3511 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Off Street, Street |
| Has Pool | No |
Interior
| Interior | Laminate, Other, See Remarks, Varies By Unit |
|---|---|
| Heating | Varies by Unit, Wall Furnace |
| Cooling | Other, Wall Unit(s), Varies by Unit |
| Fireplace | No |
| Stories | 2 Story |
Exterior
| Lot Description | Corner, Curb(s), Landscape Front |
|---|---|
| Roof | Composition |
| Foundation | Raised |
School Information
| Attendance Zone | TAFT ELEMENTARY SCHOOL, EDISON HIGH SCHOOL, HAZELTON ELEMENTARY SCHOOL, MCKINLEY ELEMENTARY SCHOOL, HUERTA ELEMENTARY SCHOOL, SPANOS ELEMENTARY SCHOOL |
|---|---|
| District | San Joaquin |
| Elementary | Stockton Unified |
| Middle | Stockton Unified |
| High | Stockton Unified |
Additional Information
| Zoning | R |
|---|
Listing Details
| Office | Century 21 Select Real Estate |
|---|
