This is an attractive value-add multifamily investment opportunity consisting of 12 units, including (10) studios and (2) one-bedroom units. With two units currently vacant, a new owner has the ability to complete light cosmetic renovations and lease the units at market rents, creating immediate upside in both income and overall property value. The property is well-located near major employment and demand drivers such as St. Joseph's Medical Center, Stanislaus State-Stockton Campus, the University of the Pacific, and nearby entertainment venues including Banner Island Ballpark, supporting strong and consistent tenant demand.
Features
12 bedrooms
5014 sq. ft. floor area
crop_free3920 sq. ft. lot size
cottageMulti-Family
Property history for 430 E Acacia St
2010
Sold
$225,000
30 Apr 2010 by Jeff Brooks
Happy sellers in Stockton
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Local market activity for 12 bedroom multi families in Stockton
Sold
For Sale
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