FOR SALE
406 S Sutter St
Stockton, CA 95203
Gleason Park
6 Beds
4 Baths
3,139 sqft
- 6 Beds
- 4 Baths
- 3,139 sqft
6 Beds
4 Baths
3,139 sqft
Local Information
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Commute Destination
Description
406 S. Sutter Street Stockton Ca 95203 is a four-unit building. Market rents are over 4800 a month, current long term tenants with 3810 rents and 650 utility income. Loans for fourplex non owner require 25% down, SELLER IS NOT OFFERING CREATIVE FINANCING. Plan your portfolio with this Semi updated Fourplex with new roof in 2021, new exterior paint, and dual pane windows. This investment offers off street paved parking, fenced corner lot with additional parking. Two 2/1 two 1/1 with rental income of 3810 total and an additional 650 utility occupants payments. This is a high cap rate in this market. Good long term occupants, who pay a stipend towards utilities in addition to rent. Again, Seller is NOT offering financing, or terms. The sale is as is and lowball offers they have instructed NOT to be presented. This offers above market cash flow, and is one of the few cap rates higher then going interest rate.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$175
Listed
180+ days ago
Home Details for 406 S Sutter St
Interior Features |
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 3139 Square Feet |
Heating & Cooling Heating: Wall Furnace,Varies by UnitHas CoolingAir Conditioning: Wall Unit(s),Varies by Unit,OtherHas HeatingHeating Fuel: Wall Furnace |
Windows, Doors, Floors & Walls Flooring: Laminate, See Remarks, Other |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Laminate, See Remarks, Other |
Exterior Features |
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Exterior Home Features Roof: Composition |
Parking & Garage No CarportNo GarageHas Open ParkingParking Spaces: 8Parking: Off Street,On Street |
Days on Market |
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Days on Market: 180+ |
Property Information |
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Year Built Year Built: 1911 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: QuadruplexArchitecture: Mid-Century |
Building Construction Materials: Wood, Wood Siding |
Price & Status |
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Price List Price: $550,000Price Per Sqft: $175 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Stockton |
Agent Information |
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Listing Agent Listing ID: 222073930 |
Building |
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Building Area Building Area: 3139 Square Feet |
HOA |
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Association for this Listing: MetroList Services, Inc.No HOAHOA Fee: No HOA Fee |
Lot Information |
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Lot Area: 7501.032 sqft |
Listing Info |
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Special Conditions: Offer As Is |
Mobile R/V |
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Mobile Home Park Mobile Home Units: Feet |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: Electricity, Sewer, Gas, Trash Collection, Water |
Miscellaneous |
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Mls Number: 222073930 |
Last check for updates: about 16 hours ago
Listing courtesy of Brandy Eckroth
Century 21 Select Real Estate
Originating MLS: MetroList Services, Inc.
Source: MetroList Services of CA, MLS#222073930
Price History for 406 S Sutter St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/15/2022 | $550,000 | PendingToActive | MetroList Services of CA #222073930 |
| 12/02/2022 | $550,000 | Pending | MetroList Services of CA #222073930 |
| 06/15/2022 | $550,000 | PendingToActive | MetroList Services of CA #222073930 |
| 06/11/2022 | $550,000 | Pending | MetroList Services of CA #222073930 |
| 06/05/2022 | $550,000 | Listed For Sale | MetroList Services of CA #222073930 |
| 12/06/2018 | $359,900 | ListingRemoved | Agent Provided |
| 08/29/2018 | $359,900 | Listed For Sale | Agent Provided |
| 04/09/2010 | $98,900 | Sold | N/A |
| 03/14/2010 | $98,900 | PriceChange | Agent Provided |
| 03/05/2010 | $0 | Listed For Sale | Agent Provided |
| 12/08/2009 | $262,226 | Sold | N/A |
| 10/14/2005 | $337,500 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $2,566 |
| Assessment | $199,862 |
Home facts updated by county records
Comparable Sales for 406 S Sutter St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.64 | Multi-Family Home | $315,000 | 09/26/23 | 6 | 3 | 2,413 | |
0.33 | Multi-Family Home | $440,000 | 03/29/24 | 3 | 2 | 3,963 | |
0.23 | Multi-Family Home | $700,000 | 06/16/23 | 8 | 8 | 4,550 | |
0.72 | Multi-Family Home | $501,000 | 03/08/24 | 6 | 4 | 2,234 | |
0.72 | Multi-Family Home | $320,000 | 03/25/24 | 9 | 3 | 2,400 | |
0.62 | Multi-Family Home | $440,000 | 02/12/24 | 4 | 4 | 1,986 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Gleason Park
- Trulia User
- Prev. Resident
- 1y ago
"I find it to be very accommodating and modern design very secure and professional place I take frequent trips across the states"
- Trulia User
- Resident
- 1y ago
"It's a different community and it's homeless shelter is near by. And it's actually not very bad and people leave the stuff of others alone "
- Jr_4209
- Resident
- 4y ago
"Bad neighborhood . Homelessness everywhere .. shootings almost daily ... rent it too high .. a lot of roaches and rats "
- Savastiana G.
- Resident
- 4y ago
"Dog owners would like to walk with out another dog trying to fight there dog another words walk safe"
- Juan
- Resident
- 4y ago
"On of the worst and dangerous areas of Stockton ! Lot of homeless people ,junkies drug addicts . If you have kids don not even consider this area .."
- Angelahigazi80
- Resident
- 5y ago
"There are lots of loose dogs, fast cars, blind intersections. The schools are good. Lots of community centers and city buses are a good way to get around."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Brandy Eckroth, Century 21 Select Real Estate
Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.
406 S Sutter St, Stockton, CA 95203 is a 6 bedroom, 4 bathroom, 3,139 sqft multi-family built in 1911. 406 S Sutter St is located in Gleason Park, Stockton. This property is currently available for sale and was listed by MetroList Services of CA on Jun 5, 2022. The MLS # for this home is MLS# 222073930.