145 W Flora ST Active Save Request In-Person Tour Request Virtual Tour
Stockton,CA 95202
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,648 sqft
Price per Sqft $198
MLS Listing ID 224083230
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1916
Lot Size 7,275 Sqft
Acres 0.167
Property Description
9% Cap Rate! Cash cow, High Income-Producing property! $90,000 annual Income. Very low maintenance & expenses. Energy efficient HVAC, appliances, windows & ceiling fans. This beautiful Victorian 6Plex has one 2bed/1bath unit, four 1bed/1bath units & one studio. Five of six units are rented. The 6th unit will be rented within two weeks to make the building fully occupied.***** COMPLETELY RENOVATED in 2024: High-quality appliances (Samsung stove/oven, ductless split system HVAC w/Bluetooth, dual pane windows, Trex decking, interior and exterior paint, wood-pattern vinyl plank flooring,large format tile, kitchen counters, vinyl siding, updated roof, Kraus kitchen sinks w/ retractable faucet nozzle, ceiling fan/lights with Bluetooth, motion sensor exterior lights, outdoor space for tenants to enjoy pictures, cabinets, sinks, toilets & bidet. New electric & plumbing. New individual gas and electric meters installed and all city inspections passed. Ample parking on the big corner lot. $$$$$$ No need to use your income or credit to qualify for a loan. A Debt Service Coverage Ratio (DSCR) Mortgage where income generated by the property is used to qualify for the loan - NOT the income & credit report of the investor - is an option. Close to parks, shopping, freeway & Miracle Mile.
Location
State CA
County San Joaquin
Area 20701
Direction W Fremont to N Madison St. Property is at corner of N Madison and W Flora
Rooms
Basement Unfinished,Full
Interior
Heating Ductless,Separate,MultiUnits,See Remarks
Cooling Ceiling Fan(s),Ductless,MultiUnits,See Remarks
Flooring Tile,Vinyl,Wood
Window Features Dual Pane Full
Appliance Free Standing Gas Oven,Free Standing Gas Range
Laundry Other
Exterior
Exterior Feature Yard Space
Garage Off Street,Street
Utilities Available Cable Available,Natural Gas Connected,Electric,Internet Available
Water Access Desc Public
View Varies by Unit
Roof Type Shingle
Topography Level
Porch Covered Deck
Total Parking Spaces 8
Building
Lot Description Corner
Story 2
Foundation PillarPostPier, Raised
Sewer Public Sewer
Water Public
Architectural Style Victorian
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 137-180-06
Special Listing Condition Offer As Is