2324 Franklin AVE Active Save Request In-Person Tour Request Virtual Tour
Stockton,CA 95204
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224049420
Year Built 1962
Lot Size 7,876 Sqft
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
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
Building
Lot Description Shape Regular
Story 2
Foundation Slab
Sewer Sewer Connected
Water Public
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Special Listing Condition None