462 Delhi Avenue, Stockton, CA 95206
- $599,999
- List Price
- $599,999
- Status
- ACTIVE
- MLS#
- ML82054078
- Year Built
- 1945
- Lot Size
- 6,000
- Acres
- 0.14
- Days on Market
- 15
- Property Type
- Commercial
Property Description
Tucked away on a quiet street, 462 Delhi Ave presents a rare opportunity to own a thoughtfully updated 5-unit building, each offering a comfortable 1-bedroom, 1-bath layout. The property has seen a series of tasteful improvements that enhance both function and appeal, while preserving its classic charm. Over the years, Most units have been refreshed with new flooring, appliances, and wall heaters, creating a warm and welcoming living space for tenants. Select units feature new windows, and Unit 4 enjoys a fully remodeled bathroom with updated plumbing. The building itself has been painted inside and out, with a new wooden fence adding privacy and curb appeal. Behind the scenes, key upgrades like new main electric panels for Units 4 and 5, and improved ventilation systems in the kitchens, ensure peace of mind for the next owner. With potential rents ranging from $950 to $1,150 per unit, this is an ideal income-generating property well-positioned for steady cash flow and long-term value
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Additional Information
- Taxes
- $6,500
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Shingle
- Water
- Public
- School District
- Other
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $60,000
Listing courtesy of Listing Agent: Eddie Oberoi (eddie@eddieoberoi.com) from Listing Office: Intero Real Estate Services.
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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.