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W Park Street, Stockton, CA 95202
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$650,000
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Home Details for W Park Street
Price
$650,000
Type
Commercial/Industrial
Year Build
1930
Lot Size
0.2296
County
San Joaquin
MLS®️ Listing#
225079977
On exitrealty.com
152 days
Property Description
Investor's Dream!!! Incredible Potential Long Term Owner Financing @ a 6.95% Fixed Interest Rate, With No Pre-payment Penalty, Amortized over 30 Years, due in 120 Months, i.e. 10 Years, with a minimum Down Payment of 45% of the Purchase Price + Closing Costs, subject to Buyer's qualifications, and Seller's successful/completed 1031 Exchange. Note:The King Of Bargains, An Historic Brick Beauty, the Knights Of Pythias Lodge/Club has +- approximately 5,679 Sq. Ft., per the APN/Assessor's Recorded Public information, coupled with a with fenced yard. Grossing approximately +- $5,050.00 Per-Month, (which according to Seller equals +- approximately, $60,600.00 Annually). Note:The Subject Property currently features a spacious Great Room with Vaulted Ceilings, coupled with 3 well-appointed Apartment Suites featuring Kitchen(s) & Bathrooms. In addition, the Structure may have Great Potential for massively increasing its' income by adding additional Apartment Suites, Subject To San Joaquin/Stockton Planning/Building Department Approval. In conclusion, Subject Property is close to Shopping Hubs, Dining, Schools, Hospital, Public Transit, Coffee Shops, Enterprise, Municipal Enities, Freeway Access, Etc.
- Parking
- None
- Other
- On Street
- Cooling Information
- Central Air
- Heating Information
- Central
- Water Features
- Public
- Utilities
- Sewer Connected
Listing Courtesy: Intrust Properties, Inc. - 916-847-8849. Presented by: James R. Burkett
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EXIT REALTY CONSULTANTS
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$650,000
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EXIT REALTY CONSULTANTS
150 W. Yosemite Ave, Manteca, CA 95336
CA DRE# 01424183. Kris Klair Broker.