1576 E 6th ST Pending Save Request In-Person Tour Request Virtual Tour
Stockton,CA 95206
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 13,644 sqft
Price per Sqft $131
MLS Listing ID 225096316
Year Built 1941
Lot Size 1.319 Acres
Property Sub-Type 5 or More Units
Property Description
We are delighted to bring back this unique opportunity to own 16 units of the Fairview Apartments off S. Airport Way, a well-established, well run apartment complex with strong historical occupancy. The property is near Stockton Metropolitan Airport, Williams Brotherhood Park and Merlo Institute of Environmental Technology. The San Joaquin Fair Grounds is a few blocks away, as well as the Dorothy L. James Family Resource Center. 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.
Location
State CA
County San Joaquin
Area 20801
Interior
Heating Floor Furnace
Cooling Wall Unit(s),Varies by Unit
Flooring Carpet,Vinyl,Wood
Laundry Varies by Unit
Exterior
Exterior Feature Fenced Yard
Parking Features Open,Street,Uncovered
Utilities Available Cable Available,Natural Gas Connected,Electric
Building
Lot Description Curbs/Gutters,Sidewalk,Landscape Back,Landscape Front
Story 2
Foundation Raised, Slab
Sewer In & Connected,Public Sewer
Water Public
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Special Listing Condition Offer As Is