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406 S Sutter Street Stockton, CA $ 550,000
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$ 550,000 Get more info
406 S Sutter Street
$ 550,000
Back to search
Share Save

406 S Sutter Street

Stockton, CA, 95203
$ 550,000
Baths0.0

Monthly Estimate*

$ 3,842

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Studio

Multi-Family Home for sale in Stockton, CA

for $550,000. This home was built in 1911 on a lot size of 0.1722.

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.

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Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Mid-Century

Lot Size

0.1722

Year Built

1911

Town/City

Stockton

County/Region

San Joaquin

MLS | Web ID

222073930
Features
General
Interior Features Formal Entry
Sewer In & Connected Public Sewer
Heating Wall Furnace Varies by Unit
Cooling Wall Unit(s) Varies by Unit Other
Utilities Cable Available Natural Gas Connected City Electric Internet Available
Roof Composition
Unit 4 Rent 950
Unit 2 Rent 1100
Unit 3 Rent 1050
Unit 1 Rent 710
HOA 0
Garage Spaces 0.0
Architectural Style Mid-Century
Construction Materials Wood Wood Siding
Year Built 1911
Tenant Pays Electricity Sewer Gas Trash Collection Water
Stories 2
Topography Level
Levels Two
Property SubType Quadruplex
Elevation 0
County San Joaquin
Property Type ResidentialIncome
HOA / Comm Assn N
Total Rooms 0
Close Price 0.0
Status Active
Directions California to Sonora to Sutter
City Stockton
Buyer Agent Compensation 2.5
High School District Stockton Unified
Zoning Description R
Open Parking Spaces 0.0
Total Units 4
MLS Area 20801
Lot Size Square Feet 7501.0
Carport Spaces 0.0
Street Name Sutter
Property Condition Updated/Remodeled
Ok to Lease Month To Month
Standard Status Active
Middle/Junior School District Stockton Unified
Elementary School District Stockton Unified
Year Built Source Assessor Auto-Fill
Buyer Agent Compensation Type Percent
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Interior
Basement Partial
Flooring Laminate Varies by Unit See Remarks Other
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Window Features Dual Pane Full
Street Suffix Street
Laundry Features Varies by Unit
Unit 1 Bedroom Units Total 2
Unit 2 Bedroom Units Total 2
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Off Street Street
Lot Features Corner Curb(s) Landscape Front
Water Source Public
Total Parking 8.0
Foundation Details Raised
Number of Buildings 1
Lot Size Acres 0.1722
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 406
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* Excluded Features
List By
Century 21 Select Real Estate

Broker

Brandy.Eckroth@PropertySales.House

Email

Affordability Calculator

$3,842
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193759 Elementary School
3193623 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
6/6/2022 $550,000 Listed Price

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406 S Sutter Street, Stockton, CA, 95203 is a Multi-Family Home for sale at $550,000 with a lot size of 0.1722. 406 S Sutter Street is a studio with 0.0 baths and was built in 1911. The property's zip code is 95203 which is in Stockton, CA

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