406 S Sutter Street
Stockton
California
United States
95203

406 S Sutter Street, Stockton, California, United States
Listed By CENTURY 21 Select Real Estate, Inc.

The Commercial for Sale located at 406 S Sutter Street Stockton California 95203 is currently for Sale, 406 S Sutter Street Stockton California 95203 is listed for $550,000. If the property located at 406 S Sutter Street Stockton California 95203 isn't what you're looking for, search California Real Estate to see other Commercial for Sale in Stockton .

MLS#: 222073930

$550,000 USD

The details

Property features

Date Updated: Jan 22, 2024

Construction details

Year built
1911

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.

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Location

406 S Sutter Street
Stockton
California
United States
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