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Randy Thomas

randythomas@msn.com +1(209) 810-8830

$ 739,000

Est. payment -/mo

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New

131 S Airport WAY Stockton, CA 95205

982 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 982 sqft

Price per Sqft $752

MLS Listing ID 226090579

HOA Y/N No

Year Built 1960

Lot Size 2,452 Sqft

Acres 0.0563

Property Sub-Type Quadruplex

Source MLS Metrolist

Property Description

Excellent investment opportunity at **131 Airport Way, Stockton**! This well-maintained fourplex features **four recently remodeled 2-bedroom, 1-bathroom units**, with **two units renting for $1,600/month, one unit renting for $1,650/month, and one vacant unit with market rent potential of $1,700/month**. Currently generating **$4,850 in gross monthly income** with the opportunity to increase to **$6,550/month** once fully leased. The property also features a **recently replaced roof** and is centrally located with convenient access to shopping, dining, schools, and major commuter routes. A turnkey investment with immediate upside.

Location

State CA

County San Joaquin

Area 20801

Direction GPS

Rooms

Other Rooms Unit-1 Type: Apartment Bedrooms: 2 Full Baths: 1 Rent: 1600 Unit-2 Bedrooms: 2 Full Baths: 1 Rent: 1650 Unit-3 Bedrooms: 2 Full Baths: 1 Rent: 1700 Unit-4 Bedrooms: 2 Full Baths: 1 Rent: 1600

Interior

Heating Wall Furnace

Cooling Window Unit(s)

Flooring Heavy Duty, Laminate

Laundry In Each Unit

Exterior

Parking Features Uncovered

Utilities Available City

Water Access Desc Public

Total Parking Spaces 6

Building

Lot Description Secluded

Story 2

Foundation Concrete, Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Stockton Unified

Middle Schools Stockton Unified

High Schools Stockton Unified

School District San Joaquin

Others

Senior Community No

Tax ID 151-240-64

Special Listing Condition None

Listed by Cornerstone Real Estate Group