$545,000
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8,198 Sqft Lot
SOLD DATE : 09/04/2024
Key Details
Sold Price $545,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 224064235
Sold Date 09/04/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1869
Lot Size 8,198 Sqft
Acres 0.1882
Property Description
We are pleased to present The Sutter Apartments, a five (5) unit apartment complex located at 844 N. Sutter Street in Stockton, CA. The Sutter Apartments are a unique opportunity for an investor to acquire an asset located in the Downtown Stockton Submarket, with strong historical occupancy, solid cash flow, and a desirable location near Stockton's downtown entertainment district, The Miracle Mile. The Sutter Apartments feature four (4) one-bedroom/one-bathroom units, approximately 600 square feet in size, and one (1) massive two-bedroom/one-bathroom unit, which is 1,100 square feet in size with washer and dryer hookups. Building amenities include onsite parking, along with a concrete driveway. The Sutter Apartments offer a great opportunity for an investor to own units in the rapidly appreciating Stockton market. Do not disturb tenants.
Location
State CA
County San Joaquin
Area 20701
Direction Take Exit 66A toward S. El Dorado St. Continue down El Dorado St take a right on Poplar St. The property will be on your right at the intersection of Poplar St and Sutter St.
Interior
Heating Gas, See Remarks
Cooling Ceiling Fan(s), Wall Unit(s)
Flooring Carpet, Vinyl
Laundry Washer/Dryer Hookups
Exterior
Parking Features Open, Street
Utilities Available Cable Available, Natural Gas Connected, Cable Connected, Electric, Internet Available
Water Access Desc Meter on Site,See Remarks
Total Parking Spaces 5
Building
Lot Description None
Story 2
Foundation Slab
Sewer Public Sewer, See Remarks
Water Meter on Site, See Remarks
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Senior Community No
Tax ID 139-173-01
Special Listing Condition None
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Bought with Colliers Parrish Intenational Inc.
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Agent | License ID: 01973614 & 01295379