406 South Sutter Street
406 South Sutter Street
$550,000
6
4
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Description
406 s. Sutter Street Stockton Ca 95203 is a four-unit building. Market rents are over 4800 a month, current long term tenants with 3810 rents and 650 utility income. Loans for fourplex non owner require 25% down, SELLER IS NOT OFFERING CREATIVE FINANCING. Plan your portfolio with this Semi updated Fourplex with new roof in 2021, new exterior paint, and dual pane windows. This investment offers off street paved parking, fenced corner lot with additional parking. Two 2/1 two 1/1 with rental income...406 s. Sutter Street Stockton Ca 95203 is a four-unit building. Market rents are over 4800 a month, current long term tenants with 3810 rents and 650 utility income. Loans for fourplex non owner require 25% down, SELLER IS NOT OFFERING CREATIVE FINANCING. Plan your portfolio with this Semi updated Fourplex with new roof in 2021, new exterior paint, and dual pane windows. This investment offers off street paved parking, fenced corner lot with additional parking. Two 2/1 two 1/1 with rental income of 3810 total and an additional 650 utility occupants payments. This is a high cap rate in this market. Good long term occupants, who pay a stipend towards utilities in addition to rent. Again, Seller is NOT offering financing, or terms. The sale is as is and lowball offers they have instructed NOT to be presented. This offers above market cash flow, and is one of the few cap rates higher then going interest rate.
- Listed by Brandy Eckroth • DRE #01311821 • Century 21 Select Real Estate
Property Details for 406 South Sutter Street
Parking Features
Off Street, Street
Architectural StyleMid-Century
ZoningR
Location
LISTING UPDATED: 11/17/2023 02:58 PM
Property Details for 406 South Sutter Street
Status | Active |
---|---|
MLS # | 222073930 |
Days on Compass | 705 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | 1911 |
Lot Size | 0.17 AC / 7,501 SF |
County | San Joaquin County |
Location
Building Information for 406 South Sutter Street
Stories2Residences4Year Built1911Building Size-Lot Size0.17 AC / 7,501 SF
Payment Calculator
$3,216 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 406 South Sutter Street
Property History for 406 South Sutter Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 406 South Sutter Street
Taxable ValueLand$53,842Additions$146,020Total$199,862
Tax Record2023$2,566 ($214 / month)
Home Facts
Baths4Total Finished SqFt3,139 SqFtAbove Grade Finished SqFt3,139 SqFtStories2Lot Size7,500 SqFtStyleQuadraplexYear Built1911ZoningR3ACountySAN JOAQUINAPN149-094-010-000
Schools near 406 South Sutter Street
This home is within Stockton Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | K to 8 | |||
Public - | K to 8 | |||
Public - | K to 8 |
Rating | School | Distance |
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McKinley Elementary School PublicK to 8 | ||
Dolores Huerta Elementary School PublicK to 8 | ||
Hazelton Elementary School PublicK to 8 | ||
Taft Elementary School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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