1608 E 6th Street Stockton, CA 95206
Listing Courtesy of: Metrolist / Coldwell Banker Valley Central / Frew Tibebu

  1608 E 6th Street Stockton, CA 95206

Active (22 Days)

Description

We are ecstatic to present a unique opportunity to own 20 units of the Fairview Apartments off S. Airport Way, a well-established, well run apartment complex with strong historical occupancy. The APNs are as follows: 169-190-210 & 169-190-220. Four separate units sitting on almost 2 acres of sprawling land adjacent to Williams Brotherhood Park, and Merlo Institute of Environmental Technology. The San Joaquin Fair Grounds is a few blocks away, so is the Dorothy L. James Family Resource Center. The units comprise of 8 three-bedroom, one bath, and 12, two-bedroom, one bath units. Outside parking (not designated) is available at a ratio of two per unit with room to roam around including street parking nearby. All the units have a metered electric and gas while the landlord pays for water, sewer and garbage. Recent capital upgrade includes roof improvements. You could assume on the average rents are low with long term tenants in place, but the upside according to Table 2-3 Municipal Code, the allowable density is: 17.5 to 30 units per net acre and 13.2 to 24 dwelling units per gross acre. Please check with City of Stockton for accuracy of information.

MLS #:
224107413
Lot Size
1.69 acres
Type
Multifamily
Year Built
1941
Views
Park
School District
Stockton Unified
County
San Joaquin County

Listed By

Frew Tibebu, Coldwell Banker Valley Central
Source
Metrolist
Last checked Oct 15 2024 at 9:00 AM GMT+0000
Bathroom Details
Interior Features
  • Appliances: Free Standing Electric Range
  • Appliances: Varies by Unit
  • Appliances: Gas Water Heater
Lot Information
  • Landscape Front
  • Landscape Back
  • Sidewalk
  • Curbs/Gutters
  • Curb(s)
Property Features
  • Level
  • Foundation: Slab
  • Foundation: Raised
Heating and Cooling
  • Floor Furnace
  • Varies by Unit
  • Wall Unit(s)
Flooring
  • Wood
  • Vinyl
  • Carpet
Exterior Features
  • Wood
  • Glass
  • Frame
  • Stucco
  • Concrete
  • Roof: Shingle
Utility Information
  • Utilities: Electric, Natural Gas Connected, Cable Available
  • Sewer: Public Sewer, In & Connected
Garage
  • Uncovered
  • Street
  • Open
Parking
  • Uncovered
  • Street
  • Open
Stories
  • 2
Location
   
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