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Key Details
Sold Price $1,564,400
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 221147857
Sold Date 06/09/22
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1978
Lot Size 7,501 Sqft
Acres 0.1722
Property Sub-Type 5 or More Units
Property Description
415 E Flora St., Stockton is an excellent opportunity to purchase a fully renovated apartment complex with units near market rents with upside! The subject property, was renovated in 2019 and built approximately in 1978, is comprised of (12) 1Bed/1Bath & (1) 2 Bed/1 Bath. The in-place market rents range from $910 to $1,295 per unit plus RUBS and garage parking charges. Utilities are separately metered for electric and gas. The interiors of the units feature new vinyl plank flooring, bathtubs, paint, cabinets, counters, vanities, toilets, new appliances, electrical sub-panels, and wall heat / air units. The roof is updated (trusses and dry-rot replaced), all new dual pane windows, new front doors, new front screens, the electrical completely redone with new panels, and the copper plumbing repaired or replaced as needed. The hot water is serviced by a central water heater plus an onsite laundry facility.
Location
State CA
County San Joaquin
Area 20701
Direction Head East on Flora property is on left hand side before getting to N American St.
Interior
Heating Gas, Wall Furnace
Cooling Wall Unit(s)
Flooring Vinyl
Laundry In Common Area
Exterior
Parking Features Covered, Street, Garage
Utilities Available Natural Gas Connected, City
Water Access Desc Public
Total Parking Spaces 13
Building
Lot Description None
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Senior Community No
Tax ID 139-173-09
Special Listing Condition None
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Bought with PCG Commercial, Inc