$1,450,000
$2,000,000
27.5%For more information regarding the value of a property, please contact us for a free consultation.
1616 E Market ST Stockton, CA 95205
12,672 SqFt
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 12,672 sqft
Price per Sqft $114
MLS Listing ID 224104379
Sold Date 04/10/25
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1993
Lot Size 0.561 Acres
Acres 0.5609
Property Sub-Type 5 or More Units
Property Description
Welcome to 1616 East Market Street, Stockton, CA! This impressive (16) unit apartment building offers a lucrative investment opportunity with long-term tenants and solid cash flow. Built in 1992, the property features (16) units - all two bed, one bath, approx 792 sqft each. Building amenities include: private/secure parking with property management company willing to remain with new ownership. This well-maintained complex is an excellent addition to any investment portfolio. Located in a prime area, an hour south of Sacramento this property offers convenience and potential for growth. Don't miss this chance to own a profitable and well-situated investment property in Stockton!
Location
State CA
County San Joaquin
Area 20801
Direction Heading South on I-5, merge onto CA-4 East, Exit Wilson Way, turn left on Wilson Way, then turn right on E Market St.
Interior
Heating See Remarks
Cooling See Remarks
Flooring Carpet, Tile, See Remarks
Appliance Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, See Remarks
Laundry Other
Exterior
Parking Features Guest Parking Available, See Remarks
Utilities Available City
Water Access Desc See Remarks
Total Parking Spaces 16
Building
Lot Description Private, Other
Story 2
Foundation SeeRemarks, Slab
Sewer See Remarks
Water See Remarks
Architectural Style Contemporary
Level or Stories Two
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Senior Community No
Tax ID 155-020-66
Special Listing Condition Other
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Bought with Matt Sadati
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+1(408) 774-4300 | info@xavierwilliams.com