Randy Thomas Broker Cornerstone Real Estate Group
Randy Thomas
209-395-0110209-395-0110

Randy Thomas Broker Cornerstone Real Estate Group

227 W Poplar ST, STOCKTON, CA 95203 (MLS # ML81712688)

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PRICE $1,190,000
SIZE 6,216 sq ft
LOT SIZE 10,001 sqft

Wonderful opportunity to own a 12 unit 2 Story building in one of the fastest rising rents and most affordable markets in CA. Property has undergone significant renovations to both exterior and interior. 10 of 12 units are fully renovated and at/near market rents, 1 BD (11 units), 2 BD (1 unit). Enjoy great cash flow while still have upside return! Downtown Stockton which has been designated as one of the opportunity zones in CA, potentially defer or eliminate federal taxes on capital gains (Buyers to verify). Gated lot with on site parking, along with plenty of street parking. Currently there are two units that are being renovated and vacant, owner will lease them out prior to closing.

LAST UPDATED 12/17/2018 YEAR BUILT 1974
COMMUNITY Stockton Central COUNTY San Joaquin
STATUS Active PROPERTY TYPE(S) Commercial Multi-Residential (5+ units)


ADDITIONAL DETAILS
ADDITIONAL LISTING INFO Not Applicable
COMMUNICATIONS None
COOLING Window / Wall Unit
FLOORING Laminate, Vinyl / Linoleum
FOUNDATION Concrete Slab
GARAGE SPACES 0
GARAGEPARKINGSPACES Carport
HEATING Wall Furnace
LISTING CLASS Commercial Multi-Residential (5+ units)
LISTING SERVICE Full Service
LOT DESCRIPTION Regular
METERS Master Water, Separate Electric, Separate Gas
NUMBER OF BUILDINGS 1
PARKING SPACES 10
RESTRICTIONS None
ROOF Flat / Low Pitch
SECURITY FEATURES None
SEWER SEPTIC Sewer Connected
SPECIAL FEATURES None
SUBCLASS Five or More Units
UTILITIES Individual Electric Meters, Individual Gas Meters
WATER Public
YEAR BUILT 1974
ZONING TEXT RL
Listing provided by Helen Chong, Haylen Group

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 12/18/18 7:10 AM PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2018 MLSListings Inc. All rights reserved.


ZESTIMATE
227 W Poplar ST, STOCKTON, CA

RENT ZESTIMATE
$ / mo.  227 W Poplar ST, STOCKTON, CA

84 Very Walkable



 
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