Property Details
About this Property
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.
MLS Listing Information
MLS #
ME224084477
MLS Source
MetroList Services, Inc.
Days on Site
91
Interior Features
Appliances
Other
Flooring
Tile
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Foundation
Other
Parking, School, and Other Information
Garage/Parking
Covered Parking, Off-Street Parking, Street, Garage: 0 Car(s)
Elementary District
Stockton Unified
High School District
Stockton Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
RES
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 0 | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 0 | 0 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
623 N Edison St is a Residential Income in Stockton, CA 95203. This 0 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,475,000 and was built in –. This address can also be written as 623 N Edison St, Stockton, CA 95203.
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This listing information is up-to-date as of August 02, 2024. For the most current information, please contact Frankie Thornton, (916) 205-5204
