9% Cap Rate! Cash cow, High Income-Producing property! $90, 000 annual Income. Very low maintenance and expenses. Energy efficient HVAC, appliances, windows and ceiling fans. This beautiful Victorian 6Plex has one 2bed/1bath unit, four 1bed/1bath units and 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 and bidet. New electric and plumbing. New individual gas and electric meters installed and all city inspections passed. Ample parking on the big corner lot.
Extra Information for 145 W Flora St Stockton, CA
- Seller Type:
- Category: Single-Family Houses
- Listed Date: Oct 23, 2024