See all 97 photos

$1,098,888

Est. payment - /mo

Save

7,876 Sqft Lot

Active

2324 Franklin AVE Stockton, CA 95204

Save

In-PersonVirtual Tour

Desmond Sandy

desmond@sandyrealestategroup.com +1(530) 263-1925

UPDATED:

08/26/2024 08:13 PM

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224049420

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1962

Lot Size 7,876 Sqft

Acres 0.1808

Property Description

Excellent income opportunity on this well maintained 6 plex in the Country Club Area of Stockton. All units have remodeled bathrooms with tile floors, quartz slab shower stalls, new tubs, vanities and counters. Several long time tenants in the building. Located on a quiet, dead end street, these units have great freeway access! Only 1.8 miles away from the the campus of the University of Pacific, the apartments are walking distance to shopping and dining as well. All tenants are month to month. There are (4) 2 Bdrm/1 Bath units. Market Rents would be $1500 per month. There are 2 units with potential for 3rd small Bedroom/Office. The room is complete with a closet. $1650 would be the market rents for these units with the extra room. There are 6 units total. Current Rents are $1375, $1350, $1190, $1150, and $1125 which are the rents of the 5 tenants that are staying. Seller Financing a possibility with a sizeable down payment.

Location

State CA

County San Joaquin

Area 20701

Direction Interstate 5 to Country Club. Go east on Country Club from the freeway. Right on Franklin. Apartment is on the left hand side.

Interior

Heating Wall Furnace

Cooling Window Unit(s)

Flooring Carpet, Tile, Vinyl

Laundry Coin Operated

Exterior

Garage Off Street

Utilities Available Natural Gas Connected, Electric

Water Access Desc Public

Total Parking Spaces 6

Building

Lot Description Shape Regular

Story 2

Foundation Slab

Sewer Sewer Connected

Water Public

Level or Stories Two

Schools

Elementary Schools Stockton Unified

Middle Schools Stockton Unified

High Schools Stockton Unified

School District San Joaquin

Others

Senior Community No

Tax ID 123-090-02

Special Listing Condition None

Listed by Sepulveda Real Estate

GET MORE INFORMATION

Desmond Sandy

Agent | License ID: 02083867

+1(530) 263-1925