Residential Income in Stockton

$750,000

Sonora, 95203, Stockton, CA

Residential Income for sale in Stockton, Sonora, 95203, 7224 m²

Sonora, 95203, Stockton, CA

$750,000

7224
Type: Residential Income

Description

PDF is pleased to present this 10 unit multifamily apartment complex located at 221 E Sonora Street in Stockton, CA. The property consists of 9 one bedroom one bathroom units and 1 studio unit. All tenants are currently month to month, allowing for immediate repositioning of rents and interior upgrades. Current rents are well below market, creating a strong value add opportunity and clear pathway for increased revenue. Located near Downtown Stockton with convenient access to I 5 and Hwy 99, the property benefits from proximity to major employment centers, shopping, dining, public transit, and daily services. This location supports long term occupancy and solid leasing demand. This asset is well suited for investors pursuing a stabilized building that provides cash flow today with meaningful upside available through renovation and improved lease structures. Please inquire for additional information.

Location

Sonora, 95203, Stockton, CA

Data

Object TypeResidential Income
Purchase Price$750,000
Living Space7224 m²
Plot Size645.49 m²
BathroomsN/A
Construction Year1900
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeNatural Gas
Primary Energy SourceN/A
Construction Year1900
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent