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Listed by Cheryl Cardamon • 1 Percent Lists Smart Rate Realty, DRE#01951147
$599,000
Est. payment /mo
8 Beds
4 Baths
3,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $187
MLS Listing ID ML82051221
Bedrooms 8
Full Baths 4
Year Built 1992
Lot Size 5,000 Sqft
Property Sub-Type Fourplex
Property Description
NEW PRICE: $599K! HIGH-YIELD MULTI-FAMILY OPPORTUNITY IN STOCKTON! Repriced to $599,000 to align with its income/expense sheet, 1311 E. Sonora St offers incredible cash flow potential! This 1992-built 4-plex features four clean 2-bed, 1-bath units (~800 sq ft each / 3,200 total sq ft) with low maintenance needs and established tenants. Gross scheduled income of $57,600 with below-market rents providing immediate upside. Excellent commuter location near Hwy 99 & Hwy 4. Ideal for seasoned portfolio investors or house hackers looking for a turnkey, low-overhead asset. Don't miss this price adjustment!
Location
State CA
County San Joaquin
Area Stockton South
Zoning RM
Interior
Heating Wall Furnace
Cooling Ceiling Fan, Window / Wall Unit
Exterior
Parking Features Other
Utilities Available Public Utilities
Roof Type Flat / Low Pitch
Building
Story 2
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 151-273-15
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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