WOW! A fantastic opportunity awaits savvy investors with this exceptional fourplex in Stockton! This property seamlessly combines modern updates with incredible investment potential. Currently occupied by reliable tenants (est. combined rental income is $7,885/ month), making it a turnkey addition to your investment portfolio. Every unit features a spacious layout with 3 bedrooms and 1.5 bathrooms, offering comfort and convenience for tenants. Significant investments have been made to upgrade the whole fourplex since purchased. Units 1 and 4 were fully renovated in 2023, showcasing LVP flooring, stylish new kitchens with sleek white cabinets and granite countertops, new stoves, updated bathrooms, and fresh interior paint. Units 2 and 3 have also received updates, including new LVP flooring and water heaters. All units benefit from central heating and air conditioning, some double-pane windows, and in-unit laundry rooms. Situated in a prime location near schools, shops, restaurants, and markets, this property ensures steady tenant demand. With modern amenities, thoughtful upgrades, and excellent cash flow potential, this fourplex is a standout opportunity to enhance your real estate portfolio. Don't miss out!
The income description goes here to explain
List Price | $699,000 |
Property Type | Fourplex (4-units) |
Usable Sqft | 4,696 |
Number of Stories | 2 stories |
Parking Spots | 0 spots |
Year Built | 1966 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 07917024 |
MLS # | ML81988566 |
Property ID | 321117872 |
Lot Sqft | 7,467 |
Zoning | R-3 |
Days on Market | 8 |
Original List Price | $699,000 |
Date Updated | December 22, 2024 |
Date Created | December 15, 2024 |
Troy Thinh Khuu an agent of . Lic #01962187
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Robert Crawford
REAL ESTATE AGENT