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Size Upon Req.$326,000
TURN KEY INVESTMENT! MAKE MONEY RIGHT AWAY. QUITE ESTABLISH NEIGHBORHOOD.LANDLORD ON-SITE TO MANAGE THE PROPERTY. PROPERTY IS CONVENIENTLY LOCATED CLOSE TO GROCERY STORES, MECHANIC SHOP, FREEWAY, AND FAST FOOD. PROPERTY IS GATED. ALL 4 UNIT HAS ITS OWN GARAGE EXCEPT THE SINGLE HOUSE.
Gated, 1 bedroom 1 bath, 8 unit apartment complex. ready for tenants to move in.
September 2, 2014-Now asking $259,950.00...Subject is the green building in the middle of the block. Large parking lot in front belongs to the subject....No reciprocal parking agreements with the neighbors Two Story wood frame building. 1967 construction. 2 Studio Units and Four one bedroom, one bath units...All electric service. Each unit has a separate electric meter.
Security Gated Complex-Two entrances off of Lincoln Road and on the north side, Prado Way---Some units have fireplaces---This complex is a low denisty R-2 zoned property with plenty of open space for people to enjoy, at home, and not somewhere else...Five buildings, two on Lincoln Road house 21 one bedroom, one bath units and three single level fourplex buildings on Prado Way have twelve two bedroom, one bath units. Large storage building with 960 square feet could be a child day care center for the complex. The 33rd unit is a 1 bedroom units used by the manager. plus an office... 900 square foot building could be a senior recreation area or pre school... No pool to worry about...Low density design. Open Spaces within the grounds.
TWO STORY 40 UNIT COMPLEX IN GOOD CONDITION WITH STUCCO EXTERIOR. THE BUILDING WAS RECENTLY PAINTED AND THE HVAC WAS REPLACED ABOUT 6 YEARS AGO.
This is a major fixer with a lot of potential. Top two units (3 bed units) have been partially remodeled with new plumbing and electrical. One unit is almost ready to rent and the other requires major work. The bottom unit (potential for a 5+ bed, 3+ bath unit), is a complete fixer. Parking on side of building and in street.
8 units, major fixer. Boarded up by City for health and safety issues. All cash offers, subject to inspection, offer date TBD. Short sale by local lender, fast approval process. Contact agent for more info.
29 units (1 bedroom 1 bath) plus an owner/manager residence of 4 bedrooms, an office, 3 bathrooms, private pool and a 4 car garage. Parking spaces for 29 vehicles.
Excellent opportunity to purchase a well cared for multifamily property in a good rental market of Stockton. Many of the tenants are long term. Property consists of (2) studio apartments with rent ranging from $400 to $475 and (4) 1 Bedroom apartments with rent ranging from $500 to $575. Marketing brochure is attached to this listing. *** Do not disturb tenants.***
932 Porter Avenue is a well maintained 5 unit apartment community located in the heart of Lincoln Village which is considered as one of the best school districts and neighborhoods in all of Stockton. Lincoln Village boasts a strong rental market with high occupancy rates plus its close proximity to major anchored commercial malls, restaurants, and schools such as San Joaquin Delta Jr. College. 932 Porter Avenue is well maintained, professionally managed, requires minimal maintenance, and shows pride of long-term ownership. 932 Porter Avenue is comprised of (4) - 1 Bed/1 Bath plus (1) - 2 Bed/ 1 Bath units approximately +/- 617 SF with an average rental rate of $525/month/unit. The tenant utilities are separately metered for electric and gas plus there is one available covered carport parking spot for each unit. 932 Porter Avenue is a great investment opportunity for a move up investor wanting to get a start on apartments or for a 1031 exchange client seeking a solid return with minimal maintenance. In addition, there is upside on some of the units which are below market rent.