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.
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0BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
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5,679SQFT
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$114$/SQFT
School Ratings & Info
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.
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