905 N Commerce Street, Stockton, CA 95202

$520,000
2,760
SqFt

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List Price
$520,000
Price Change
▼ $29,000 1782876394
Status
ACTIVE
MLS#
ML82041701
Year Built
1917
Living Sq. Ft
2,760
Lot Size
4,250
Acres
0.10
Days on Market
113
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Here's a corner-lot 4-plex property located in the Civic Center / Downtown Stockton area. The property is within walking distance to Dignity Health St. Joseph's Medical Center and a short bike ride from the Miracle Mile. Enjoy easy access to restaurants, bars, shops, and the Stockton waterfront and arena. Each unit is 1-Bed 1-Bath with hardwood and tile flooring throughout. Some bathrooms and kitchens recently updated. Units are equipped with floor furnaces for heating and wall AC units for cooling. Laundry hookups are conveniently located in the basement. A clean, spacious backyard and two driveways provide ample private parking. The detached garage also offers excellent potential for future use. The property is fully occupied with updated leases that still offer strong upside potential. Situated in an Opportunity Zone, it qualifies for combined ADU development incentives that can further enhance investment economics.

Additional Information

Taxes
$4,006
Appliances
Refrigerator
Heat
Floor Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Roof
Composition
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$53,199

Listing courtesy of Listing Agent: Robert M. Balina (robert@synergizerealty.com) from Listing Office: Synergize Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.