32 S American 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 15,000 sqft
Price per Sqft $96
MLS Listing ID 225057842
Year Built 1925
Lot Size 5,001 Sqft
Property Sub-Type 5 or More Units
Property Description
Stellar Income, Cash Cow! Performing Asset! 29 units 15,000 Sq.+- Sq.Ft.,plus basement, which is not calculated in the Public Record square footage, that may be, approximately +-, an additional 5,000 Sq.Ft. with approximately 10,000.00+- Sq. Ft.in use, with 29 Units,which according to Seller, are almost 100% occupied, which is Subject To Change, without Notice. Furthermore, at this time, according to Seller, the Approximate Monthly Targeted Income of the Subject Property is projected to be potentially approximately +- $23,900.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Targeted Income of $286,800.00; coupled with a potential bottom floor opportunity for substantially more income, from an additional Bottom-Story Development/Build-out of 5,000 +- approximate Sq. Ft.,of Residential/Store Fronts, contingent upon approval from Stockton Municipality Enforcement Entities, that have jurisdiction regarding aforementioned. Close to shopping, transit, dining, coffee, shops, etc.,coupled with easy, convenient Freeway access.INCREDIBLE OPPORTUNITY TO BUILD YOUR FINANCIAL SECURITY AND INCREASE YOUR WEALTH!
Location
State CA
County San Joaquin
Area 20801
Interior
Heating Varies by Unit,Other
Cooling Varies by Unit
Flooring Tile,Vinyl,Linoleum,Varies by Unit
Laundry Other
Exterior
Parking Features Off Street,Open,Street,Other
Utilities Available Other
Roof Type Tar/Gravel
Building
Lot Description Curbs/Gutters,Sidewalk,Other
Story 3
Foundation Concrete, Other, Raised
Sewer Sewer Connected,Sewer in Street,Public Sewer
Water Water District,Meter on Site,Public
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Special Listing Condition Offer As Is